The Lagos Midstream Jetty, West Africa’s first privately-owned midstream jetty and reception facility was borne from a need to bridge the infrastructural gap in the downstream oil sector. The idea conceived by Oando PLC, arose from the need to increase the delivery capacity and offloading efficiency of petroleum products into marketers’ storage facilities in Apapa, Lagos. Oando successfully conceptualized, executed and completed the project in 2016 before handing over to OVH Energy after the divestment of Oando Downstream. OVH Energy is a consortium of Oando PLC Nigeria’s leading oil and gas company, Vitol Group, the world’s largest trader of energy commodities and Helios Investment Partners, the premier Africa-focused private equity firm. OVH Energy has over 350 service stations and over 500 industrial customers across Nigeria. Speaking at the commissioning, the Chairman OVH Energy, Mr. Wale Tinubu said, “The Lagos Midstream Jetty was conceived as an innovative industry solution to the perennial challenges marketers faced in the importation of petroleum products. Over the past 30 years, marketers have spent approximately NGN1.6 Trillion ($4.5 billion) on lightering, with 90% of this spend flowing out of the country. Today we have delivered a first class piece of engineering that meets global standards, is the first of its kind in sub-Saharan Africa and will be of invaluable benefit to the industry and nation at large. I must thank our regulators, bankers and contractors who believed in us from the start. It is a proud moment for Oando PLC who conceived the idea and OVH who have taken up this mantle. From conception to realisation, the idea of the Lagos Midstream Jetty is now a reality and is indeed another infrastructural success for us, our nation and the continent.’’ Website: www.oandoplc.com Instagram: www.instagram.com/oando_plc Inquires: info@oandoplc.com Twitter: www.twitter.com/oando_plc Facebook: www.facebook.com/oandoplc HEAD OFFICE Oando PLC Floor 7 - 10, Zenon House 2 Ajose Adeogun Street Victoria Island Lagos, Nigeria

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