Nigeria’s leading indigenous marketer of choice, OVH Energy Marketing (Oando Licensee), has been awarded the Liquified Petroleum Gas Distribution Company of the Year during the Business Day Oil and Gas Awards which took place on September 16^th 2021 at Transcorp Hilton Hotel, Abuja. The award recognizes OVH Energy Marketing as an industry leader with exceptional investment in solving the LPG distribution network challenges as well as its improved storage facilities capacity. 

In a category of worthy competitors, the award acknowledged the number of OVH Energy’s LPG skids in retail stations pan Nigeria as well as the near flawless execution of the LPG distribution to the consumers, showing a company that has delivered. Ogho Okiti, Managing Director, Business Day while presenting the award said “This award is in honour of your outstanding performance in the gas sector especially in this Decade of Gas. It is given in recognition of your superior dedication and positive zeal to ensuring delivery of LPG”

Commenting on the award, the Chief Executive Officer, OVH Energy Marketing, Huub Stokman, said “We are overwhelmed with gratitude to receive such a prestigious award.  This recognition as the LPG Distribution Company of the Year is evidence that OVH Energy Marketing is a driving force in the gas industry. It is indeed the Decade of Gas and this award is a clear validation of the growing relevance and importance of natural gas as a game-changer in Nigeria. At OVH Energy Marketing, we are glad to be part of the transformative effect of this increased use of Nigeria’s abundant gas reserves to develop its economy and positively impact the citizens.”

We would also like to acknowledge our staff for their invigorating drive and thank our partners for their unwavering support which has aided our journey to excellence.”

Huub Stokman went on further to reveal how the company has been focusing on reaching more customers and making gas distribution easier for customers. “Our 39 LPG skids nationwide have helped us to reach many of our customers. Our 8 LPG cylinder filling plants and our LPG cylinder consignment scheme have also helped us in reaching more customers. We give LPG cylinders to customers and get regular refills from them,” he said.

The Business Day Oil and Gas Awards was organized with the aim of rewarding technocrats and companies who have contributed exceedingly to the development of Nigeria’s Energy Industry. The Oil and Gas awards serve as an indication of the advocated optimism that the fortunes of the energy sector are assured for a turnaround going by the restart of marginal field bidding by the Department of Petroleum Resources after nearly 20 years, and the expected implementation of the Petroleum Industry Act.

Degree was conferred on him last weekend by the Swiss School of Business and Management in recognition of his accomplishment through exemplary management and leadership in the oil and gas industry.

Nigeria’s leading indigenous marketer of choice OVH Energy (Oando Licensee), has been named Bulk Distributing Company of the Year at the recently organized Federal University of Petroleum Resources (FUPRE) Awards 2021.

This is coming on the heel of a streak of other industry leadership awards recently garnered by OVH Energy, including the Service Excellence Award at the 2021 International Lubricants Conference.

The Vice-Chancellor of FUPRE, Prof. Akpofure Rim-Rukeh, while presenting the award at the event said, “This award is in recognition of the distinguished service you have rendered in your field of endeavors. We identify with your accomplishments at setting a new agenda for a prosperous Nigeria and Africa.”

Receiving the award, the Chief Executive Officer, OVH Energy, Huub Stokman, said OVH Energy would be further challenged by the recognition to be relentless in making significant contributions to the industry and the Nigerian economy.

Stokman said, “We are pleased that this award is a recognition of how OVH Energy has greatly enriched Nigeria’s downstream sector and established an unparalleled supply footprint. We are glad that our work is recognised by the industry.”

“Our journey to excellence as a leading downstream oil and gas company is hinged on the tremendous dedication and contributions of our staff and the strong support of our partners” he added.

2021 has been fulfilling for OVH Energy as the company continues to forge strategic partnerships and challenge the status quo in order to add value to all stakeholders through the trade, storage and distribution of gas.

Huub Stokman promised that OVH Energy would continue to protect and enrich the lives, assets, and environments of their areas of operation through initiatives such as the OVH Energy University Scholarship Scheme (USS), which grants scholarships to underprivileged students in host communities.

The FUPRE Awards are held annually by the Federal University of Petroleum Resources in collaboration with the African Child Foundation to recognize the landmark achievements and activities of key players in the oil and gas industry.

 The 4th Annual Nigeria Petroleum Summit, (NIPS) kicked off on Sunday, 6^th June 2021. The summit which has gathered momentum globally, is a platform for Nigeria to engage both local and international stakeholders to effectively develop the oil and gas sector for economic growth.

The five-day conference featured a CEO roundtable with Mr. Huub Stokman, Chief Executive Officer of OVH Energy Marketing Limited (Oando licensee), to discuss the future of natural gas in Nigeria, the impact of COVID-19 and the effect of oil price crash on the downstream sector. 

Mr. Stokman commended the efforts of the organisers in bringing together industry stakeholders to share ideas on how to improve the energy sector. He stated that, “this is an ideal opportunity to bring together these experts to exchange ideas & opinions, to understand trends and the future of the industry”. He also stated the importance of the presence of the downstream oil and gas sector, explaining that whilst upstream is key for production, downstream is responsible for delivering products to customers or end users. Seamless integration between the two sectors is crucial.

He expressed optimism in the future of the gas industry, in his words, “this is the decade for gas exploration. Nigeria has the largest natural gas reserve in Africa, and the 9th largest in the world, so Nigeria can leverage its reserves to diversify and promote local growth and OVH Energy Marketing is best placed to deliver to the local market”.

In recent times, Nigeria has positioned itself strategically to become the foremost oil and gas investment destination, through ongoing strategic sectoral reforms and engagement with host communities. This year’s NIPS conference tagged “From Crisis to Opportunities: New Approaches to The Future of Hydrocarbons” continues to engage industry experts and investors on developing hedging strategies to combat prevailing sectoral challenges aimed at unlocking inherent value in the near future.

The summit’s overarching message of building the Nigerian oil and gas sector through the collaborative efforts of all relevant stakeholders through the exchange of new technologies and industry know-how cannot be overemphasized.

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