An integrated downstream oil and gas company, Rainoil Limited, has been recognised with the ‘2020 Downstream Company of the Year Award’.
The award was presented to the company at the Nigerian Business Leadership Awards 2020, according to a statement issued by the company.
He said the Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie, described the award as ‘an acknowledgement of the group’s consistent focus on strategic and value-driven investments in the energy sector of the Nigerian economy’.
He said the award came at a time the company was making a great effort to in ensure the utilisation and deepening of gas penetration in the country.
He noted that the group recently launched its Liquefied Petroleum Gas facility with a tank capacity of 8,000 metric tonnes and a fleet capacity of about 40 LPG trucks.