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Detailed Cost/requirements On How To Set-up A Standard Petroleum Filling Station - Business - Nairaland

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Detailed Cost/requirements On How To Set-up A Standard Petroleum Filling Station by cashcity: 10:54am On Mar 09, 2018
Lots of things have changed in recent years with the scrapping of fuel subsidy and introduction of Forex Policies in oil and gas sector which now allows oil and gas markets to obtain Forex at a reduced rate to counter the increasing exchange rate of dollar to Naira. Despite the continues protest from several unions in charge of oil and gas marketing business, such as Independent Petroleum Marketers Association of Nigeria (IPMAN), Major Oil Marketers Association of Nigeria (MOMAN) and Depot And Petroleum Product Marketers Association of Nigeria (DAPPMAN) concerning the steady rise in the landing cost of Premium Motor Spirit (PMS) which is making the Forex attached to PMS and its official pump price not profitable for their businesses, Government have remained steadfast in maintaining the price at N145 per liter.

Starting oil and gas business in Nigeria in 2018 is a lot easier now since Government has taken the sole responsibility of fuel importation in order to avoid unnecessary increase in the cost of the product by Major oil Marketers which in turn affects the masses.

It is no longer news that running oil and gas business of any sort can sky rocket your financial status at a twinkle of an eye. This is because the whole aspect of human living as far as Nigeria is concern depends on oil and gas. Take for instance, at home for example; you run your generators with petrol (PMS) or diesel (AGO) steady, foods you take in on daily basics are cooked with kerosene (HHK) or cooking gas (LPG), public transport or your personal cars runs on petroleum products on daily basics, industrial equipment and heavy duty vehicles can’t function without petroleum product (AGO, LPFO, HPFO etc.).

Because of the unending year to year issues Nigeria Government is having in sorting out problems that affects the steady supply of electricity in the nation, finding alternative solution to the use of oil products in this country is not coming any moment soon.

Our Federal Government runs their entire budget with money made from oil and gas exploration and exportation and no other source produces huge alternative income to tackle economic crises in this country if not oil.

Businessmen and women who are into oil and gas businesses and investments that the entire citizen depends on for survival are one of the richestpeople in our society because they makes enormous amount of cash on daily basics. It’s just like saying that they always high jack your means of livelihood and holding you at ransom.

I keep telling my friends that there is no way you will be in this country and can’t include oil products as one of your basic needs in life. It is not hype that Oil Products can compete favorably with other basic needs in life such as water, air, light, food etc.

Filling station business is the easiest means of marketing and distributing these petroleum products to the end users. This is actually the reason why owing a filling station and starting your own oil and gas marking business is something you cannot waste anything thinking about.

My experiences in running businesses and investments in oil and gas sector has enabled me to simplify the steps by step ways to be taken in order to establish your own standard filling station noting all the requirements needed.
People usually ask different questions concerning oil and gas filling station businesses and investment but no matter how people asked it, what this article is about to cover will comprise the detailed cost and requirements in 2018 on how to set-up a standard petroleum product filling station for oil and gas marketing business in Nigeria and at least break down any complications that discourages lots of people from starting up filling station business.
This article is a bit long and the full detail can be gotten through the source below.

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