OGSPAN Discloses Petrohub In Lagos: DPR Director To Talk On Oil And Gas Digitilisation
In the
Nigeria oil and gas sector, The Director, Department of Petroleum Resources
[DPR], Engr. Sarki Auwulu,, has agreed to speak on digitalization as Oil and Gas
Service Providers Association of Nigeria, OGSPAN, has concluded plans to launch
its Petrohub, a leading petroleum products digital marketplace in Lagos as soon
as possible.
The
President of the association, Mazi Colman Obasi, who confirmed the development,
in a statement released in Lagos, stated: “The Director, Department of
Petroleum Resources, Engr. Sarki Auwulu is the Guest Speaker. He will speak on
how digitalization will provide businesses more opportunities for value
creation in Nigeria’s oil and gas industry.”
He indicated:
“The deployment of an efficient and effective information technology platform
in the supplying and buying of petroleum products in the downstream to improve
performance, service delivery and transparency at the depots have become
imperative. The downstream sector of the oil and gas industry is to a large
extent the engine house of the nation’s economy. Refining, the depot systems, procurement and
distribution of petroleum products energizes the economy as it aids effective
production of goods and services in industries, the movement of people and
goods (transportation) to sustain socio-economic activities across the country
“The supplying, buying and haulage of petroleum products in the
downstream is besieged with problems. The procurement process whereby
unsuspecting buyers pay for products at the depots that are not available for
loading thereby leading to loss of revenues and tying down operational funds of
genuine business people is deplorable. These unwholesome practices by
miscreants and unscrupulous depot owners and importers have stalled the
businesses of many bulk-products buyers, dealers, marketers, and transporters
therefore tainting business reputation in the sector and scaring genuine
investors.
“The goal of Petrohub is basically to provide online real-time platform
that will pull all the depots to an electronic marketplace where suppliers and
buyers of petroleum products will meet on daily basis to transact business with
minimal human interference. The e-trade will eliminate wastage of resources,
time and energy expended by the parties as it will serve as a hub of
information on product supply, pricing and haulage delivery and transparency
and by so doing decongest the depots.”
“A Real-Time Web Portal Platform has been established to profile and
register all stakeholders in the business – depots/products owners who will
declare actual products available on the portal on a daily/weekly basis for
products buyers, dealers, marketers, and transporters who use the portal to know
where products are available before placing orders or make payment for loading
to commence.
The Petrohub is a real-time innovative technology marketplace portal
where suppliers and buyers (and haulage providers) of petroleum products in the
downstream interacts and engage one another directly on a daily basis
to promote the sales of their products in a transparent manner, make products
delivery more efficient by proving live information and data on actual products
volume available at the depots and live pricing data for potential buyers in
exchange for goods, make payments and haulage products to their various
destinations. The products include PMS, AGO, DPK, LPG and LPFO, bitumen, lube
oil, etc
“The portal will serve as substantive information hub for products
suppliers and buyers on one hand and buyers and transporters on another. The
Petrohub will prevent wastage or misapplication of resources in payment of
products that do not exist and tying down of trucks without loading. It is a
private sector initiative that digitally pulls all the depots together to
enable live products trading and efficient delivery of services, thereby aiding
effective production of goods and services in the industries and movement of
people and goods for sustained economic activities in the country.”
Mazi Obasi stated: “Through portal display, misrepresentation, sharp
practices, fraudulent companies and middlemen activities, etc. will be
eliminated. Products buyers and transporters will have rest of mind as
businesses will be conducted in the open with your laptop, smartphone, iPad,
notebook, etc. at your doorsteps on the click of a button. In effect, a buyer
will not have to pay when there is no product, and a truck owner will not have
to dispatch his truck for loading. Even if where there are products, OGSPAN
personnel will be on ground to ensure that each truck is attended to with
dispatch and efficiency
“The platform is owned by Petrohub in collaboration with OGSPAN the
operator and promoters of the business to streamline and automate the supply,
buying and payment of petroleum products in the existing 123 depots across the
country live, ensure integrity, transparency, and efficiency in the procurement
of products at the depots registered on the portal will be done live – real
time, promote genuine investments/investors in the downstream, ensure that all
such depots/products owners are profiled and declare the actual products
available for sale real-time and ensure that available products are loaded with
dispatch while observing all rules and health safety environment and quality
guidelines at the depots.”
In addition, the president disclosed: “It is also to encourage symbiotic
relationship and synergy with depot owners, products owners, buyers and
services providers in the downstream, ensure marketers/buyers have access to
the platform to know which of the depots have products at a particular time, what
volume and at what prices before procurement or purchase and loading are made,
compete on the rate of learning by leveraging innovation and technology to
identify and fulfill each individual customer’s changing needs and by deploying
the best human and machines to unlock the full potentials of new technologies
such as artificial intelligence and the collaborative ecosystems in the
industry, consciously create both social and economic values to shape critical
social issues that will increasingly and continuously improve our business
sustainability in our environment and ecosystem, embrace new ideas and open
communication practices and commitment to building diversity in the top
management level to achieve innovation, resilience and unlock full potentials
of diversity in the organization, create a sense of urgency within the
organization to ensure that everyone truly understands that to win the 2020s
there is the need to change the way we do things and explore the latest
strategic trends, research and analysis and continuously gather information
from the data ecosystem for evidence-based transformation.”
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