The lubricant market in the downstream subsector of the petroleum industry is set for tough competition among players , as Forte Oil plc has signed an agreement with Chevron Lubricants, Europe, Middle East & Africa (Chevron Lubricants), which will make Texaco-branded lubricants and engine oil available at Forte Oil’s filling stations in Nigeria.
This collaboration between Chevron Lubricants, owner of the Texaco brand, and Forte Oil, one of the major players in retail distribution of petroleum products in Nigeria, will open new opportunities for Nigeria motorists to purchase high quality engine oil.
From its strategic manufacturing hubs, the well-known Texaco-branded lubricants and engine oil will be supplied to the network of Forte Oil’s filling stations across the country.
Stewart Wright, general manager, Chevron Lubricants, stated as follows:
“We are delighted that this agreement means that motorists across Nigeria will have added choice when buying quality engine oil. It is excellent news that our Texaco-branded lubricants are now so widely available and are here to stay in Nigeria.”
Kenneth Otaru, Forte Oil’s head of Marketing, added: “Our collaboration with Chevron Lubricants will allow Nigeria motorists to enjoy a wider selection of engine oil and lubricants assured of the quality guaranteed by both the Forte Oil and Texaco brands. This is an exciting time for the downstream market and for the consumer. Forte Oil is pleased to join in this initiative to ensure the best available products are located at every Forte Oil filling station.”
Motorists can look forward to benefiting from more Texaco-branded product options being introduced to the market through Forte Oil filling stations.
Olusola Bello
