Pinnacle Oil and Gas

Describing the facility as a world class petroleum terminal with the capacity to handle products in two directions both import and...

‘‘Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. Good journalism costs a lot of money. Either the Conventional Buoy Mooring (CBM), which is in 17m of water depth and can handle vessels of up to 120 million litres, or our Single Point Mooring (SPM), which is in about 23m of water depth and can handle vessel sizes of up to 200 million litres. President Buhari also reiterated that the Federal Government would continue to encourage and support investors to take advantage of the ongoing reforms in the oil and gas sector as enshrined in the Petroleum industry Act and replicate the feats achieved by Pinnacle Oil and Gas limited. Assuring investors of the continued support of the Federal Government in efforts to elevate the growing prosperity of the country, President Buhari said: In a video message at the inauguration of the facility, the President congratulated the Chief Executive Officer of Pinnacle Oil and Gas Limited, Peter Mbah, for establishing the massive terminal facility and providing hundreds of jobs to Nigerians.

President Muhammadu Buhari is expected in Ibeju Lekki, Lagos State today. He is to perform the groundbreaking and unveiling of Pinnacle Oil and Gas ...

We continually develop strategic infrastructure to facilitate the operational efficiency of our integrated bouquet of services.” President Muhammadu Buhari is expected in Ibeju Lekki, Lagos State today. Pinnacle is an Indigenous Oil and Gas Company active across the entire downstream value chain, with emphasis on the petroleum trading, marketing, distribution and retail segments of the Nigerian Oil and Gas Sector.

President Muhammadu Buhari, on Saturday, inaugurated the Pinnacle Oil and Gas FZE terminal at the Lagos Free Trade Zone in Lekki.

“They can berth at our Conventional Buoy Mooring, which is in 17 metres of water depth and can handle vessels of up to 120 million litres,” he said. Buhari also promised that the federal government would continue to encourage and support investors to take advantage of ongoing reforms in the oil and gas sector as stipulated in the Petroleum Industry Act (PIA). “We recognised that seamless supply and distribution of petroleum products is challenged by infrastructure deficit and complicated by the congestion at the Apapa Port area of Lagos. In a video address at the inauguration of the facility on Saturday, the president said the terminal would reduce the cost of petroleum products distribution to many parts of the country. “The provision of energy security is one of the cardinal points of our administration,” the president said. The president described the investment as a demonstration of the success of his administration’s agenda to transform the country’s economy.

—Says energy security cardinal to his administration. By Johnbosco Agbakwuru. President Muhammadu Buhari on Saturday commissioned the Pinnacle Oil and Gas ...

‘‘Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. President Buhari also reiterated that the Federal Government would continue to encourage and support investors to take advantage of the ongoing reforms in the oil and gas sector as enshrined in the Petroleum industry Act and replicate the feats achieved by Pinnacle Oil and Gas limited. In a video message at the inauguration of the facility, the President congratulated the Chief Executive Officer of Pinnacle Oil and Gas Limited, Peter Mbah, for establishing the massive terminal facility and providing hundreds of jobs to Nigerians.

In his remarks, the CEO of Pinnacle expressed confidence that the terminal with over one billion litre-capacity would fulfil its.

Describing the facility as a world-class petroleum terminal with the capacity to handle products in two directions both import and export, Mbah explained that: ‘‘Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. President Buhari also reiterated that the Federal Government would continue to encourage and support investors to take advantage of the ongoing reforms in the oil and gas sector as enshrined in the Petroleum Industry Act and replicate the feats achieved by Pinnacle Oil and Gas Limited. In a video message at the inauguration of the facility, the President congratulated the Chief Executive Officer of Pinnacle Oil and Gas Limited, Peter Mbah, for establishing the massive terminal facility and providing hundreds of jobs to Nigerians.

President Muhammadu Buhari yesterday officially opened the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, stating that the facility's activities had ...

“Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. Either the Conventional Buoy Mooring (CBM), which is in 17m of water depth and can handle vessels of up to 120 million litres, or our Single Point Mooring (SPM), which is in about 23m of water depth and can handle vessel sizes of up to 200 million litres. President Buhari promised that the Federal Government would continue to encourage and support investors in utilizing the ongoing changes in the oil and gas sector as outlined in the Petroleum Industry Act to replicate the successes of Pinnacle Oil and Gas Limited. He urged investors to invest in the Lekki FTZ, stating that the state government is willing to give them the enabling environment that would make their businesses thrive and ensure it contributes in the growing of GDP of the country. “We have recognized that seamless supply and distribution of petroleum products is challenged by infrastructure deficit and complicated by the congestion in the Apapa areas of Lagos since the start of our administration in the year 2015. President Muhammadu Buhari yesterday officially opened the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, stating that the facility’s activities had lowered costs and improved the distribution of petroleum products to many areas in the country while also easing traffic in the Apapa area of the state.

President Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, on Saturday, saying the facility's operations have...

‘‘Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. President Buhari also stated that the Federal Government would continue to encourage and support investors in the oil and gas sector to take advantage of the ongoing reforms enshrined in the Petroleum Industry Act and replicate the feats accomplished by Pinnacle Oil and Gas Limited. President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, on Saturday, saying the facility’s operations have reduced traffic congestion in the Apapa area, as well as the cost and delivery of petroleum products to many parts of the country.

President Muhammadu Buhari yesterday officially opened the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, stating that the facility's activities had ...

“Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. Either the Conventional Buoy Mooring (CBM), which is in 17m of water depth and can handle vessels of up to 120 million litres, or our Single Point Mooring (SPM), which is in about 23m of water depth and can handle vessel sizes of up to 200 million litres. President Buhari promised that the Federal Government would continue to encourage and support investors in utilizing the ongoing changes in the oil and gas sector as outlined in the Petroleum Industry Act to replicate the successes of Pinnacle Oil and Gas Limited. He urged investors to invest in the Lekki FTZ, stating that the state government is willing to give them the enabling environment that would make their businesses thrive and ensure it contributes in the growing of GDP of the country. “We have recognized that seamless supply and distribution of petroleum products is challenged by infrastructure deficit and complicated by the congestion in the Apapa areas of Lagos since the start of our administration in the year 2015. President Muhammadu Buhari yesterday officially opened the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, stating that the facility’s activities had lowered costs and improved the distribution of petroleum products to many areas in the country while also easing traffic in the Apapa area of the state.

President Muhammadu Buhari on Saturday commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, saying...

‘‘Mother Vessels arriving at the facility will have the opportunity to berth at either of our two offshore berths. President Buhari also reiterated that the Federal Government would continue to encourage and support investors to take advantage of the ongoing reforms in the oil and gas sector as enshrined in the Petroleum industry Act and replicate the feats achieved by Pinnacle Oil and Gas limited. President Muhammadu Buhari on Saturday commissioned the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, saying the operations of the facility would ease congestion in the Apapa area, reduce cost and delivery of petroleum product distribution to many parts of the country.

President Muhammadu Buhari has restated the present administration's support to drive both local and foreign Investments into the nation's.

“We will also be incorporating the capability to blend products to produce various specifications of products to serve other international markets. It is also been positioned to look at the opportunity of export on the West African corridor. We have always believed that the role of business and community is always to seek ways to make things better for the community. “We will always remember that the exit point that worked for us in recent times is the Pinnacle facility. You cannot work without energy and I know that facilities like these will become very primary in the journey towards energy sufficiency and security.” “I am happy today that Pinnacle Oil and Gas Limited leveraged the opportunities to establish this massive terminal facility.

The President, Major General Muhammadu Buhari (retd.), on Saturday said the $1bn Pinnacle Oil & Gas petroleum product terminal would help to ease traffic ...

In addition to these, the terminal is supported by the world class services of the Lekki Free Zone Development Company in areas of services like power supply and truck traffic management. Whenever there is a crisis of petroleum products in the state, the NNPCL is also concerned. The President, Major General Muhammadu Buhari (retd.), on Saturday said the $1bn Pinnacle Oil & Gas petroleum product terminal would help to ease traffic congestion at the Apapa, Kirikiri, Ijegun axis of Lagos state. What this means is that vessels can conveniently berth here and discharge their products effectively within the minimum turnaround time. He added, “This facility will transform Lagos State, Nigeria and Africa. The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari, said the terminal would ease the delivery of petroleum products in the country.

Deji Elumoye in Abuja and Peter Uzoho in Lagos. President Muhammadu Buhari yesterday inaugurated the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, ...

”These pipe networks are designed to empty the vessels in a maximum of two days, a significant improvement on the previous duration which could take up to 30 days. He said: “We will always remember that the exit point that will work for us in recent times, is the Pinnacle facility. I am happy today that Pinnacle Oil and Gas Limited leveraged the opportunities and established this massive terminal facility. These moorings are connected to our storage facilities by four networked pipelines of 40km total length. We have recognised that the seamless supply and distribution of petroleum products is challenged by infrastructure deficit and complicated by the congestion in the Apapa areas of Lagos since the start of our administration in the year 2015. Peter Mbah, for establishing the massive terminal facility and providing hundreds of jobs to Nigerians.