Downstream
Our downstream sector commonly refers to the refining of crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas. The downstream sector reaches consumers through products such as gasoline or petrol(PMS), kerosene(DPK), jet fuel, diesel (Gas Oil), heating oil, fuel oils, lubricants, waxes, asphalt, natural gas, and liquefied petroleum gas (LPG) as well as hundreds of petrochemicals.
Premium Motor Spirit (PMS)
Sourcing gasoline from Europe, Spain, The Mediterranean, The Battic’s South America, and West Africa to supply to Nigeria, Ghana and other countries along the West African coast. Gasoline will serve as one of the preferred product lines for the company. Given the sensitivity of gasoline to most African economics like Nigeria, Bunch Energy LTD will position itself as the vital partner and primary indigenous supplier of Gasoline to the NNPC and the Major Marketers.
Automotive Gas Oil (AGO)
Diesel or Automotive Gas Oil(AGO) forms an important part of the company’s trade. The company target at least 50,000 MT of AGO importations monthly for Major Market, Independent Market and for some offshore companies. Bunch Energy LTD is a major supplier of AGO to the Independent Marketers.
Base Oil
The importation of Base Oils is an emerging but important part of the company’s business. Bunch Energy LTD intends to import a substantial quantity of Base Oil on a monthly basis.
Jet A1/DPK
Bunch Energy LTD is a major importer of Jet A1/DRK. The products are currently brought in as full cargoes from the Mediterranean (Libya and Egypt) and the Arabian Gulf. The company intends to import an average of 30,000 metric tons of the products per month based on market demand for this product.