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Oando Marketing installs first-of-its-kind LPG dispensing pumps at service stations, signs LPG operating agreement with BannerGas

Oando Marketing Limited, the leading oil marketing retailer in Nigeria and a subsidiary of Nigeria’s energy giant Oando PLC, has recorded a landmark achievement with the signing of an operating agreement with Banner Gas, an engineering, construction and maintenance company with expertise in gas storage facilities on 3rd June, 2009 for the installation of Liquefied Petroleum Gas (LPG) filling plants at Oando service stations nationwide.

This first-of-its-kind initiative involves the installation of LPG dispensing pumps which will enable on-the-spot dispensing of LPG using a pump meter into the customers’ cylinders and the instant collection of the product from the station of purchase. The gas dispensing pump is equipped with modern day technology which enables it to fill gas cylinders of different types and specifications’ ensuring no customer is exempted from enjoying the benefits of this initiative.

The key benefits of this initiative to customers are as follows:

  1. Availability: Available at designated Oando service stations near the customers
  2. Affordability: Competitive pricing, simply within the customers means.
  3. Flexibility: Customers can buy what they can afford per time, depending on cash available and not cylinder size
  4. Accuracy: Equipment is kitted with a meter to give customers precise measure and value for money.
  5. Added Value: Customers would also enjoy free cylinder checks/ service on purchase
  6. Safety: Oando products and services meet safety standards and regulations.

The deployment plan is in a phased approach with phase 1 scheduled for June at selected Oando service stations in Lagos, Abuja and Kaduna. Subsequent phases are scheduled for later in the year. With this initiative, Oando Marketing is bringing respite to Nigerian LPG users gas customers who up until now have had to live with several challenges associated with gas purchase.

Commenting, Mr. Michael Oshai, Head Marketing, Oando Marketing said “Our commitment is to give existing and prospective LPG customers a convenient, safe means of gas dispensing, at the customers purchasing power while they still get to keep their cylinders. With this innovation, we have not only succeeded in achieving that but also guaranteed refill of gas cylinders of various types and specification with this equipment”.

Also commenting on the initiative Lara Banjoko, Chief Operating officer, Oando Marketing said “The Oando brand is known for innovation and pacesetting in the Oil and gas industry. This project is a clear demonstration of our commitment to go the extra mile in introducing innovative products and services which are of great value and deliver true benefits to our customers. We are proud to premiere this technology in Sub-saharan Africa with a competent partner, Banner Gas and most importantly demonstrate the customer centric nature of our organization”.

Oando Marketing is the leading oil marketing retailer with over 500 retail outlets and numerous commercial customers cutting across the different geographical zones in Nigeria and operations in Ghana, Togo, Liberia and Republic of Benin. This leading position further reinforced by this innovation which is the first of its kind to be introduced at retail service stations in Nigeria.

For more information, please contact:

Meka Olowola

Head, Corporate Communications

Oando Plc

Stallion House, 2 Ajose Adeogun Street

Victoria Island, Lagos

Phone: 01 2625857

Email: nolowola@Oandoplc.com

www.oandoplc.com

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