NetworkNewsBreaks – Petrogress, Inc. (PGAS) Eyes Positive Future for Operations in West Africa

March 27, 2018 14:10:38

Diversified marine transport and offshore services company Petrogress (OTC: PGAS) seeks to become a fully vertically-integrated oil and natural gas company. The company recently expanded its operations in Nigeria, including the sale of petroleum products. An article discussing the company reads: “Petrogress, Inc. (OTC: PGAS) sees a bright future in Western and Central Africa as energy demands boom and oil and gas demand remains high in the area. It is one of the last remaining regions in the world where oil and gas have not seen exploration equal to the rest of the world, the company said. Petrogress’ operations in West Africa offer comprehensive product coverage and vital local presence in the area. This primes it for more growth. The firm already trades off the coast of West Africa. It transports crude oil, distillates and refined products.”

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About Petrogress, Inc.

Petrogress, Inc. owns and operates a fleet of tankers from its base in the historic Port of Piraeus through a series of Marshall Islands subsidiaries.  Its principal and Chief Executive Officer, Christos P. Traios, has over 25 years of experience in operating and managing shipping operations from Greece.  Currently, the Company’s ships trade off the coast of West Africa, transporting crude oil, distillates and refined products.  The Company also operates service and shipping facilities at the Port of Limassol in Cyprus and the Port of Tema, Greater Accra, in Ghana.  It is actively seeking expansion opportunities, including in operating and developing natural gas production and transmission facilities along with LNG processing in the U.S., refinery operations in north and West Africa, and the transport and sales of LNG in Europe. For more information, visit www.PetrogressInc.com.

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