PETROGRESS INT'L LLC

Petrogress Int’l llc., formed in early 2017 in Delaware as a Special Purpose Vehicle to allow pursuit of speculative business opportunities in Africa and elsewhere independent of Petrogress, Inc.

Several of these business opportunities now appear sufficiently developed and imminent, such that it is now appropriate to consolidate PIL’s business into Petrogress, Inc. PIL is operating as a wholly-owned subsidiary of Petrogress, Inc. to conduct, among other things, oil trading and related energy activities in Cyprus, Nigeria and Ghana.

Vassiliko Port - Cyprus

PIL’s division comprise a number of potential projects

around the world with a mission to acquire, appraise and develop commercial oil and gas assets in established basins

and emerging frontiers in West Africa by creating strategic affiliates and partnerships

which includes oil exploration and production, storing and facilities to provide service to offshore platforms.

Their core of business create shareholder value by oil and gas reserves and production growth and they also contribute to economic development where they operate.

Through our partnerships with strong partners, employees, local communities, contractors

and other stakeholders PIL’s affiliates help create and develop sustainable interventions

Through PIL, Petrogress has expanded its footprint in the oil and gas industry by acquiring ninety percent of a Ghanaian company “Petrogress Int'l Ghana LLC” The participation is strategic to further align Petrogress as a vertically-integrated petroleum company while also creating a wealth of opportunity providing the company eligibility to bid on local Ghanaian market and the northern countries.

Utilizing Petrogress Int’l Ghana llc. as a local vehicle, the company is able to locally market oil products, monitoring closely its operations in the area, conduct its shipping business and attend closely their affiliate’s tanker fleet.

From the very beginning we differentiated ourselves by

committing to long-term business relationships and the application of innovative trading solutions.

By combining our regional market knowledge and our excellence shipping experience of over 20 years,

we have earned a reputation for reliably marketing and moving petroleum products within West Africa and Mediterranean and Countries.

Petrogres adopting the challenges around the areas, accomplished its objectives and ideas by growing slowly but steady year by year who became today one independent –medium size- oil house providing oil sales and logistics solutions as an integrate company. While we remains a physical trader at heart, we have strategically invested in assets that enable us to create a platform for expansion our operations as an international company;

Our investments and wholly-owned assets provide greater control over the oil sourcing-supply, create a foundation for diversified income stream, and give us a significant competitive advantage in the local market area.

End-to-end Services

We configure our business around customers’ needs. Our services add value at every stage of the chain.

Case Study

Moving oil from sources to end consumers

Source

Thanks to our innovative sourcing on the place we have achieved important results throughout the areas we operate in West Africa. We negotiate offtake agreements directly with oil producers and suppliers working through our offices, on our locations and representations.

Ship

Shipping oil requires advanced technical expertise and excellent coordination. Our priority at every step in the transport process is to ensure the safety of our employees, the environment, our ships and our cargo. Shipping of crude oil and feedstock is an absolutely priority and is at the core of our business.

Delivery

From the transportation and storage of feedstock to oil refineries wholesales and distribution to retailers. Our work is based on passion and innovation. We believe in the long-term partnerships with our customers

Process

In view of the local oil demands, Petrogres & Platon J/V intends to upgrade the monthly production up to 30,000 tons by providing quality oil products in Ghana and the neighbors countries as well. We refine our products and dispose all straight to our local customers and retailers.

Storage

Our portfolio comprises of storage of petroleum products in Nigeria and Ghana. As an energy company we focus on downstream, while maintaining parity in other areas of our operations in the industry which includes the storage, shipping, refining, distribution and of oil products

Logistics

We are expanding to logistics by engaging our plans on oil terminals, new shuttle barges and land transportation. We lease lands and yards to improve our logistic system in the region of the entire West Africa, and not only.

Market

We understand that every market is different. Our network of teams at the areas we operate works closely with our customers to identify and develop solutions which work best for them, helping them to manage physical risks and optimize opportunities.

Petrogress Ghana & ongoing Projects

With a track record of our strong presence and execution in West Africa, PIL is focused on developing two oil field projects; the Saltpond offshore oil field in Ghana, and Nigeria.

Since starting the operations, PIL has grown its upstream portfolio, building a strong foundation in a number of West Africa basins. Today PIL is negotiating through its partner Lushann Energy with Ghana National Petroleum Company, the Petroleum Agreement for the exploration and oil production of saltpond basin, simultaneously with the rehabilitation and improvement of the oil production platform “APG-1”.

SALTPOND: Oil & Gas field $15mm investment

The Saltpond field is located about 7 miles offshore Saltpond Town. The filed covers a surface area of 5sq km in a water depth of 26 meters.
As one initiative to expand our business, we are under process to sign a Memorandum with GNPC to proceed with renovation and improvement of the oil platform and resume to production of crude and simultaneously to carry additional seismic search in the area.

PG-ADA Shipyard

PG-ADA Shipyard – Ghana Ada-shipyard is located between the two major cities Tema and Accra. The Adashipyard was established by the ministry of Highways and transport to provide dry-dock and repairs facilities to the shallow draft ships. Through our affiliate Ghanaian entity, Petrogress Africa, we are finalizing a long-term lease agreement to take the management of the yard where we plan to provide facilities to our fleet and other similar services to third parties. Our vision is to be among the largest service providers to offshore oil industry in the region of W. Africa. $5mm project Phase A

PG&D Fueling stations

PG&D Fueling stations As of November 2018, Petrogress entered into a partnership with Deliman Oil Co. Ltd -a Ghanaian company- to redesign a number of 45 filling stations allocated around Ghana. The management of the Fueling stations will be performed jointly. Based on our partner with Deliman we intend to be a regional oil distribution company backed on our resources.

PETROGRESS INT'L LLC

OIL & GAS ENERGY

Petrogress Ghana & ongoing Projects

SALTPOND: Oil & Gas field $15mm investment

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