Supply of Petroleum Resources

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RealShellSource over the years has built relationships with genuine sellers of AGO and serves as a facilitator to them. We also provide the necessary logistics support to foreign buyers in carrying out Q and Q.

RealShellSource as a facilitator can help prospective buyers in connecting with genuine sellers also providing on ground support to the buyers when the need arises during various aspects of the contract negotiation and execution.
Contact us to receive our procedures for various types of transactions namely Tanker Take over (TTO), and Cost, Insurance and Freight (CIF).
RealShellSource believes in developing long term, sustainable, value and its operational strategy is predicated on this. The downstream business in Nigeria is a low margin business and therefore, large volumes of products must be traded consistently to ensure profitability.

Our strategy is to trade large product volumes, improve logistics and reduce operational costs through the following means:

  • Enter into longer term supply contracts with offshore refineries (12-24 month term contract) to augment supply from the PPMC.
  • Own the value chain that supports supply, trading & distribution aspects of the business through:
    – Acquisition of marine vessel to improve the efficiency of product supply and dramatically reduces the cost of operations.
    – Acquisition/construction of storage facilities by coastline locations.
    – Operation of customer facing retail outlets (filling stations)
  • Develop new markets outside Lagos, South west, south South Nigeria, and Northern Nigeria.
  • Diversify into additional product line, specifically PMS trading.
  • Become supplier of choice for NNPC. (Term supply contracts)
  • Acquire petroleum products haulage trucks for the improvement of supply to retail outlets.
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