The Company operated an extensive Oil Terminal Business throughout the GCC and Western India. C 1,000cbm. The Company operated this as both captive and none captive.
Extensive Gas Station and Logistics Network throughout Eastern Africa, Singapore and the UAE.
Strong based Oil trading and Manufacturing business with manufacturing capabilities in Nigeria, UAE and India
Control and Operation of 15% of lubricant production in India.
Extensive Gas Station aAt the onset of Covid-19 in 2020, trading lines were gradually revoked with uncertainty rife in the oil markets.nd Logistics Network throughout Eastern Africa, Singapore and the UAE.
As a result, the Company was unable to continue operating at the same trading levels as before the Pandemic.
Debt size was approx. USD$1.200bn
Appointed as the Independent Chief Restructuring Officer in July 2020.
