CENTENNIAL PETROLEUM
Centennial Petroleum (Private) Limited Pakistan
We would like to take this opportunity to welcome you to Centennial Petroleum (Private) Limited, which shall be a newly established Oil Marketing Company, having its Head Office in Lahore and sub office in Karachi. As we develop our corporate structure, we are also working towards building our growth momentum to become an established leader in the business. We have in our team a number of experienced and qualified professionals who are managing our various business units, as we become fully geared to meeting the energy needs of the country. Centennial Petroleum shall establish a visible presence in the market by setting up depots and retail outlets across Pakistan in addition to major investments in over all logistics. We shall lay a strong market foundation through our operations and are wholly committed to serve the community. Our customers will benefit from our top quality services as we progress.
All key members of the company management have considerable prior experience in oil marketing & trading in domestic & international markets. They are extremely confident about making a difference in the country’s petroleum marketing sector based on their knowledge and experience. They aim to translate this into the success of Centennial Petroleum, which shall be engaged in Fuel Imports, Retail Outlets, Oil Marketing, Storage, Transportation & Supply operations. They shall be assisted by a core team of experienced personnel from the petroleum industry as well as new entrants who are being groomed in various specialties within the company.
Centennial Petroleum shall be actively engaged in developing a viable customer base and shall be working on a strategy to build a respectable market share & subsequently plans to become a leading Oil Marketing Company (OMC) in Pakistan.
FUEL IMPORTS
Centennial Petroleum shall be engaged in importing fuel (Crude Oil, Gasoline, Gas Oil, JP54, JETA1, Mazut, LNG, LPG) to meet the needs of its customers by sharing fuel import cargoes with other OMCs as well. Our traders and supply professionals ensure that we acquire the oil products we need today and for the future efficiently and at the best price.
We have a simple goal as your supplier – to deliver high-quality fuel and lubricant products at a competitive price and on time to enable you to power your business today and in the future. Choose us as your partner and you have a strong and positive ally in your quest to operate profitably and successfully.
RETAIL OUTLETS
Centennial Petroleum aims at operating 50 retail outlets across Pakistan initially. New retail outlets are expected to start operations in the year 2021 and growth in number of retail outlets is expected to be increased year on year. By the end of year 2022, Centennial Petroleum plans to have more than 500 operational retail outlets across Pakistan.
The real key to retail success is providing great service. This means more than just offering value for money and the right choice of products. Our ‘great service’ guarantee begins with creating a safe environment for our customers and staff, 24 hours a day. Our retail sites shall always be well lit, with more halogen canopy lights than any of our competitors, and we would use state-of-the-art security cameras. We would invest in the very best facilities at our retail sites and our secure underground storage tanks benefit from the latest technology.
LUBRICANTS
Centennial Petroleum intends to introduce a new internationally renowned lubricant brands in the market. These brands shall comprise industrial & automotive grade lubricants. Centennial Petroleum shall introduce a new internationally renowned lubricant brand which covers the whole lubricants portfolio, including Automotive, Industrial and Specialty Products and Greases.
Centennial Petroleum has concluded arrangements with ALCO to procure and market its full range of Automotive/Industrial Lubricants and Greases. ALCO is a company in the Lubricants and Greases industry with an established brand name.
STORAGES
Centennial Petroleum intends to construct 2 Depots and 1 Terminal which will further increase to 4 Depots and 2 Terminals by the end of year 2021. One of the Depots shall be at Sahiwal and the second shall be Chakri in the province of Punjab. This is the only terminal having dedicated receipt lines for receiving petrol & diesel at the same time from PARCO / PAPCO MCR Storage tanks.
These are state-of-the-art oil storage depots & terminal which Centennial Petroleum shall construct and commission to meet the country’s growing need for petroleum products. Centennial Petroleum has plans to construct more oil storage depots & terminals at strategic locations in Pakistan.
LOGISTICS
Centennial Petroleum shall have great care to maintain the high quality standards. Centennial Petroleum shall have a branded fleet of over 100 tank trucks which shall be equipped with satellite tracking system which deliver petroleum products to different parts of Pakistan.
