PETROLEUM PRODUCTS
Supplier of Petroleum Commodities
It is the newest member of the TXM Group, which was established in Nigeria specifically for the sale of Petroleum Products and obtained export authorization.
Nigeria is the largest economy in Africa with a Gross Domestic Product of approximately 400 billion dollars, and also the largest market in Africa with a population of 200 million.
Nigeria, a member of the Organization of Petroleum Exporting Countries (OPEC), currently has the world's 8th largest reserves. Nigeria also has the world's 9th largest natural gas reserves. It is the only natural gas exporter in Sub-Saharan Africa. The two main features of the Nigerian economy are that it is state-dominated and that a large percentage of its exports are based on crude oil and natural gas.
The major products of oil refining are:
• LPG,
• Gasoline,
• Diesel,
• Jet fuel,
• Fuel oil