EBONY OIL AND GAS LIMITED

Company Profile

Company :EBONY OIL AND GAS LIMITED
City :
Accra
Country :
Ghana
Industries :
Import-export business
Distribution, selling, wholesale
Electricity, water, gas, nuclear, energy
Website :
Company Description

EBONY OIL AND GAS LIMITED’s vision is to become the largest indigenous importer and distributor of crude and refined petroleum products across the West Africa sub region. From inception, EOGL has been structured to leverage its relationships with key strategic partners in its focused pursuit and attainment of the company’s vision. Since operations commenced in 2011, EOGL has imported and distributed in excess of 1,000,000 metric tons of refined products into Ghana. With a current working capital in excess of $150million, EOGL recorded a remarkable turnover of $270 million in 2013.

Ebony has consolidated its position as one of the market leaders controlling 10% of the retail distribution market and currently the market leader for Marine Gasoil and Aviation fuel. Ebony is poised to continue the progressive growth in the coming years by leveraging on its key strategic relationships, investing in infrastructure and offering high value proposition to our stakeholders. As part of its business expansion drive, EOGL has commenced the process of constructing a 120,000MT white product multi-purpose storage facility in Takoradi, the Western part of Ghana. This facility which is expected to be completed by 2017 will serve as a hub for distribution of refined products for the upstream and commercial businesses in that region.