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Petroleumprice.ng Unveils First Oil and Gas E-Marketplace

Samuel Suraju
BySamuel Suraju
Petroleumprice.ng Unveils First Oil and Gas E-Marketplace

In a landmark move for Nigeria’s downstream petroleum sector, Petroleumprice.ng has launched the country’s first digital marketplace tailored specifically for oil and gas trading. The platform is set to reshape how petroleum products, infrastructure, and logistics are bought and sold across the industry.

Billed as a “trusted, real-time trading hub”, the Petroleumprice.ng Marketplace offers a verified environment where marketers, fleet operators, station owners, suppliers, and equipment dealers can transact seamlessly.

“We created the Marketplace to unlock access across the value chain,” said Olatide Jeremiah, CEO of Petroleumprice.ng. “It’s no longer about who you know. It’s about what you need, when you need it, and how transparently you can get it.”

A New Digital Hub for Oil & Gas Commerce

The new platform features four core segments that cater to different stakeholders in the value chain:

  1. Equipment Listings – Users can list or discover petroleum-related infrastructure such as tankers, trucks, storage tanks, and fully built retail stations.
  2. Marketer Listings – Marketers can advertise real-time product availability, depot locations, quantities, and pricing data to enable quick procurement.
  3. Supplier Services – Fuel suppliers can showcase their logistics capabilities and connect directly with buyers, including filling stations and institutional clients.
  4. Truck Hire – Truck and tanker owners can list their vehicles for hire, helping marketers and depots meet urgent haulage needs while minimizing vehicle downtime.

The marketplace also supports intelligent search filters based on category, location, product type, or technical specification — significantly improving procurement speed and transaction quality.

Subscription Model Tailored to Industry Roles

To ensure targeted access, Petroleumprice.ng introduced a role-based subscription model that includes both free and premium tiers:

  • Free & Premium Users – ₦0/month: Basic listing access for general users.
  • Analyst Tier – ₦10,000/month: Data access for market analysts.
  • Marketers, Suppliers & Truck Owners – ₦20,000/month: Full access to depot pricing, directories, and trading tools.
  • Depot Owners (Elite Plan) – ₦50,000/month: Includes advanced analytics, premium advertising, and deeper market insights.

Each tier is designed to enhance decision-making and improve operational visibility for participants across the petroleum trading ecosystem.

Bridging Gaps, Minimizing Risk

With thousands of daily users already relying on Petroleumprice.ng for real-time pricing and verified market data, the new marketplace expands the platform’s capabilities into a full B2B digital commerce environment.

The company says its goal is to minimize trading risks, reduce entry barriers, and digitize Nigeria’s downstream oil and gas value chain, helping operators navigate everything from fleet logistics to asset acquisition in a more transparent and structured environment.

For more details or to access the platform, visit: www.petroleumprice.ng

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About the Author

Samuel Suraju

Samuel Suraju

Suraju Samuel M. is a Nigerian journalist and energy sector analyst specializing in petroleum markets, downstream pricing dynamics, and energy policy. His reporting focuses on Nigeria’s oil and gas industry, including refinery operations, depot pricing movements, regulatory developments, and global oil market trends. He provides data-driven coverage of the downstream sector and its implications for energy security and market stability.

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