How can I get into Petroleum Product Marketing?
Currently I have complete from Begining to finishe red oil company. I wanted to get into Petroleum Product Marketing. Can you enlighting me. What step should I take?
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Which aspect of petroleum products marketing are you looking at? I have written some articles on How to start petroleum products marketing which you can find by clicking the link I provided here or searching the blog section of this site.
First, you need to have you financing ready – that’s about N50m – N350m depending on the location and capacity. This will include cost of acquisitions, consultancies, constructions, and licensing.
Secondly, you proceed to obtain your various petroleum product marketing licenses and different permits. Some must be obtained before the construction could begin while others must be obtained after the construction of your petrol products marketing outlet.
When your construction is complete with all the fuel pumping/dispensing machines installed, proceed to get your products from the major marketer you holds franchise with and begin to market to end users.
Adding to the above point, if don’t intend to build you can get a pump station from any available major marketers, the challenge here is that it may not be the desired location you wanted and you will be placed on target.