- Diversified marine transport and offshore services company and an international merchant of petroleum products
- Focused primarily on unexplored, proven oil reserves in Mediterranean and West Africa
- Global oil and gas industry needs to invest more than $20 trillion over next 25 years to meet forecast growth in demand
- Petrogress aggressively expanding to capitalize on opportunities
No one ever gives thought to the journey petroleum must take to fill a vehicle with gasoline. Often produced in far-flung corners of the globe, petroleum products require a major delivery system and corresponding infrastructure to reach their final destinations. Playing an integral role in the worldwide distribution of oil products, Petrogress, Inc. (OTC: PGAS), a diversified marine transport and offshore services company, is on a path of expansion at what appears to be an incredibly opportune time.
To meet expected growth in demand and offset the natural decline in developed fields, the global oil and gas industry needs to invest more than $20 trillion over the next 25 years, according to Saudi Aramco CEO Amin Nasser (http://nnw.fm/ta2KG). Speaking at the CERAWeek Energy Conference in Houston, he also affirmed his confidence that oil market fundamentals and future demand…
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