Petrogress, Inc. (PGAS) Sees a Bright Future in Western and Central Africa

March 5, 2018 11:29:16
  • Petrogress has expanded operations in Nigeria, including the sale of petroleum products such as crude oil originating in Nigeria
  • In Ghana, Petrogress is actively seeking expansion, particularly in natural gas production
  • Petrogress, with its subsidiaries, seeks to become a fully vertically-integrated oil and natural gas company

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.

The company has expanded its operations in Nigeria, including the sale of petroleum products, such as crude oil originating in Nigeria. In a news release, Christos P. Traios, CEO and president of the company, called Nigeria an “important international market.” The company terms it the hub of West Africa. The plan, Traios added, is to invest strategically in value chain assets that complement…


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