Bonny Light Energy, an Oil and Gas firm, said it is expanding its midstream and downstream footprint across Africa as it attained monthly 20,000 MT of Automotive Gas Oil (AGO).
This comes after a year of rapid supply of Premium Automotive Gas Oil (popularly known as diesel) into the Nigerian market, to help maintain product supply stability for the country’s economic recovery efforts amid the COVID-19 pandemic.
The expansion, it said, will build on the company’s existing capability to effectively provide reliable and affordable energy solutions across multi-faceted sectors, industries and homes, with over 2 million Nigerians being served.
CEO of Bonny Light Energy, Mr. Toyin Banjo, stated that the expansion feat was engineered by the company’s intensified quest for energy access in Africa.
“Our expansion is a significant milestone in our mission to accelerate petroleum access and distribution across Africa. A great number of countries in the world lack access to clean fuel and technologies for cooking and African countries are not left behind. Unless efforts are sealed up significantly in countries with the largest deficits, the world will fall short of ensuring universal access to affordable, reliable and sustainable, and modern energy by 2030,” he said.
Banjo also said the expansion will facilitate the growth of the company, expand renewables in all sectors and increase energy efficiency in the upstream and midstream oil and gas sector.
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