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In the oil and gas business, product trading is where the wealth is and, it has a wide scope, from the Automotive gas oil(AGO- Diesel) to PMS(petrol),  DPK(kerosene) and LPFO( low pour fuel oil- black oil). You will find opportunities from estates, banks, factories, workshops, eateries/hotels and business centres, factories, companies, government offices, filling stations and depots. All these places are where you can supply petroleum products for millions even on your first delivery. You can completely start the business without capital as an independent broker. The business is completely free to start. This is made possible by payment-on-delivery system of the business. The buyer issues LPO(local purchase order) to you and, with the LPO which you will send to the supplying company, the company then supplies and, when the buyer pays, you will get your commission from the supplying company. You will also get the money you must have added to each litre. What I mean is, if the supply...

Last Updated: March 20th, 2018 Oil and gas distribution business is one of the most lucrative and relaxed business anyone can start with little or no capital. You can go into oil and gas products trading, supplies, big and small deals and facility management. The oil industry is where everybody can benefit. The trading opportunity is massive, in fact, in one deal alone, you can make over N200,000(NGN).  Product trading is where the wealth is and, it has a wide scope, from the Automotive gas oil(AGO- Diesel) to PMS(petrol),  DPK(kerosene) and LPFO( low pour fuel oil- black oil). You will find opportunities from homes, banks, factories, workshops, eateries and business centres, cyber cafes, companies, government offices, and even to filling stations and depots. All these places are where you can supply petroleum products for millions even on your first delivery. The good news is, you do not need to be a millionaire to start this business. With what is called Local Purchase Order...

PROCEDURE AND CONDITIONS FOR GRANTING APPROVALS FOR THE CONSTRUCTION AND OPERATION OF A PETROL STATION A.  APPLICATION PROCEDURES  Application for approval to construct a filling service station for retailing Petroleum produces shall be submitted to the Department of Petroleum Resources (DPR) giving details of the proposals and any information that may be relevant to the project. In addition, the following documents should be submitted along with the application: i. Three (3) copies of approved plan showing the building existing or proposed on the site and the relation of the site to the roadways and adjoining property; ii. A certificate signed by signed by the Chief Federal/ State Fire Officer, or by an officer authorized in that behalf, that the arrangement proposed for the prevention of fire at the site are satisfactory; Related Post: How to start oil and marketing/distribution business in Nigeria with little or no capital iii. A certification by the Area/Town Planning Auth...

The oil industry is where everybody can benefit. The trading opportunity is massive, in fact, in one deal alone, you can make over N200,000(NGN).  Product trading is where the wealth is and, it has a wide scope, from the Automotive gas oil(AGO- Diesel) to PMS(petrol),  DPK(kerosene) and LPFO( low pour fuel oil- black oil). You will find opportunities from homes, banks, factories, workshops, eateries and business centres, cyber cafes, companies, government offices, and even to filling stations and depots. All these places are where you can supply petroleum products for millions even on your first delivery. The good news is, you do not need to be a millionaire to start this business. With what is called Local Purchase Order(LPO) you can start without any capital(money) and still make huge amount of money. LPO is a contract agreement between you and the company you want to deliver the product to, and usually, it contains the quality, quantity, date the product will be delivered, ...

This is for those looking for authentic information on how to build and run petrol/fuel station in Nigeria. You have come to the right place. This report is also applicable to those that want to run kerosene (DPK) marketing(domestically with surface tank and pump). PROCEDURE AND CONDITIONS FOR GRANTING APPROVALS FOR THE CONSTRUCTION AND OPERATION OF A PETROL STATION A.  APPLICATION PROCEDURES Application for approval to construct a filling service station for retailing Petroleum produces shall be submitted to the Department of Petroleum Resources (DPR) giving details of the proposals and any information that may be relevant to the project. In addition, the following documents should be submitted along with the application: i. Three (3) copies of approved plan showing the building existing or proposed on the site and the relation of the site to the roadways and adjoining property; ii. A certificate signed by signed by the Chief Federal/ State Fire Officer, or by an officer authorize...

The oil and gas industry is perhaps the most strictly regulated sector, yet; it remains probably the most profitable. In fact, crude oil or petroleum and its derivatives are essential commodities that are consumed on daily basis. Related post: How to start oil and gas marketing/distribution business Despite the massive agitation for the adoption of alternative renewable energy resources, oil still remains the number one because 99.99% of all vehicles and machines use either PMS (Petrol) or AGO (Diesel). So the demand for petroleum products is not going anywhere in the nearest future because it will take decades before the concept of renewable energy will fully be accepted. You don’t also need to be rich to be an oil merchant, as there are several lucrative low startup capital services within the oil and gas industry. All you need is the will to succeed, and the technical know-how of the business you want to venture into. So without wasting your time, below are some profitable business ...