Rainoil bags 2020 Best Downstream Company Award


RAINOIL Limited has beaten other companies operating in the downstream sector, to emerge as the 2020 Downstream Company of the Year Award at the Nigerian Business Leadership Award, NBLA, 2020 organised by Businessday Newspapers.

Expressing his joy, Gabriel Ogbechie, group managing director, Rainoil Limited, said the award is an acknowledgment of the group’s consistent focus on “strategic and value-driven investments” in the energy sector of the Nigerian economy.

According to Ogbechie, the award was particularly gratifying, coming at the time the company is making a great effort to contribute to the economic development of the country with its sterling efforts at ensuring in-country utilization and deepening of gas penetration in the nation.

Realnews reports that Rainoil recently launched its Liquified Petroleum Gas, LPG, facility with a tank capacity of 8000MT and a fleet capacity of about 40 LPG trucks, which he believes perfectly aligns with the company’s vision and mission to continually proffer solutions to fill the voids in the energy sector.

The group managing director said the company has also continued to make a significant investment in cutting edge technology in order to maintain and improve its excellent customer service delivery.

He said that Rainoil Limited will continue to support the federal government’s policy on deepening LPG penetration and also improve domestic consumption of LPG nationwide.

Rainoil Limited has grown over the last 20 years to include three ultra-modern petroleum product storage depots; 50 million litre capacity each in Delta State, Cross River State and Lagos State; over 81 retail outlets across the country; a fleet of over 100 tank trucks for efficient delivery of products and 1 shipping vessel with a total capacity of over 20,000 metric tonnes.

– Dec. 15, 2020 @ 18:25 GMT /

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