AfriCorp Petroleum sells the bulk of petroleum products from LUKOIL Â in the retail market via its well-diversified distribution network of filling stations and retail outlets.
BREAKDOWN OF LUKOIL RETAILS SALES
BRANDED FUEL
LUKOIL actively promotes sales of branded fuels with improved efficiency and environmental performance under the ECTO brand. Sales of the premium ECTO 100 motor gasoline were launched in 2017.
LUKOIL’s retail network of filling stations has fully replaced ECTO Sport (Euro-5 AI-98) with the new, improved, higher performance ECTO 100 fuels.. AfriCorp Petroleum trades on Lukoil branded product in Nigeria and some part of African countries
NON-FUEL GOODS AND SERVICES
We increase our profit from sales of non-fuel goods and services by implementing the loyalty program and product range improvements and running a variety of marketing campaigns. On top of that, we develop additional services, roll out best retail practices, and enhance customer service while also improving conversion and upgrading our filling stations.
AVIATION REFUELLING
AfriCorp Petroleum distributes Aviation fuels in Nigeria. LUKOIL sells jet fuel produced at its own and third-party refineries, mostly through aircraft fueling, at airports in Russia and Bulgaria using its own sales network or through service contracts with refueling companies outside LUKOIL Group.
LUKOIL also carries out its overseas operations in Bulgarian and Romanian ports. We operate mainly in ports on the Baltic Sea, the Barents Sea, and the Black Sea, as well as on Russia’s inland waterways. LUKOIL is one of the largest suppliers of bunker fuels, with bunkering operations in 25 ports across six Russian regions
As one of Nigeria’s leading suppliers of aviation fuel for local and international airlines, we provide aircraft refuelling services. In addition to our strategic retail and commercial network, we are committed to delivering renewable energy solutions to customers through our solar brand, Renewables.
