11Plc Relaunches Aviation Fuel Business

By December 7, 2018 Investment News

11Plc (formerly Mobil Oil Nigeria plc) has announced the recommencement of the sale and marketing of its aviation jet fuel (ATK) at the Murtala Mohammed International Airport and General Aviation Terminal (GAT – Domestic), in collaboration with Air BP.

The oil major’s aviation business which had been inactive for the past five years is being revitalised in the wake of the construction of a new 20 million litre aviation jet fuel (ATK) tank, laying of new ATK pipelines linking the company’s facility at Apapa with the Apapa Jetty in Lagos.

Speaking on the development, the Managing Director, 11Plc, Mr. Adetunji Oyebanji, said: “We are delighted with the relaunch and our collaboration with Air BP. Air BP is one of the world’s largest suppliers of aviation fuel products and services.

“We are leveraging their innovative technical support and risk management expertise to provide best-in-class aviation fuel services to airline customers.”
According to Oyebanji, 11Plc, under its new management, has continued to take huge strides in the Nigerian oil and gas downstream sector in keeping with its strategic investment drive geared toward repositioning for maximum output and improving the company’s growth and earning potentials.


Source: Thisday