SEC Filing

News

About us

Petrogress is an independent Oil energy and Shipping company based in Delaware and New York.

PROFILE HISTORY BY-LAWS CORPORATE GOVERNANCE CODE OF ETHICS OUR PEOPLE

What We Do

As an independent commodity trading and logistic house, Petrogress is at the forefront of the oil industry.

STRUCTURE BUSINESS MODEL AT A GLANCE

Affiliates

Petrogress operates globally through subsidiaries and partnerships.

PETRONAV CARRIERS LLC PETROGRESS INT'L LLC PETROGRESS GHANA CO. TLD

Operations

At Petrogress, we develop innovative and efficient solutions to global future energy challenges.

UPSTREAM MIDSTREAM DOWNSTREAM MARKETING

Investors

We focused on maximizing shareholders value by maximizing returns of our investments.

SEC FILING PRESS RELEASES COMPANY'S NEWS PRESENTATIONS BOD MANAGEMENT

Financials

Petrogress diversified funding model allows it to operate effectively in all market conditions.

Projects

As an integrated energy and shipping company focusing, on oil exploration (upstream), sea-transportation (midstream), storing and processing (downstream). We have a strategic monitoring process based on our plan which consists and includes the beneath projects.

SALTPOND PEGNOC VASSILIKO AFRAMAXES

Resources

Petrogress diversified funding model allows it to operate effectively in all market conditions.

PUBLICATIONS VIDEO AND AUDIO

MIDSTREAM

WE OPERATE, AS LEADING MARITIME TRANSPORT COMPANY AND DELIVER OIL SAFELY AND EFFICIENTLY

Our business model relies on being able to deliver oil and petroleum products consistently, safely and responsibly. We maintain a short chain of command to facilitate efficient decision-making, secure advantages in the interest of our Partners and Clients.

SHIPPING

Transporting oil from production sites to demand regions takes a robust and comprehensive supply chain that includes maritime transport and storage sites.

Shipping of crude oil and feedstock is an absolutely priority and is at the core of our business.

Deep blue oceanic water textures captured from ship vessel infrastructure

WE COMBINE THE CORE COMPETENCIES OF MARKETING, LOGISTICS, FINANCING, RISK MANAGEMENT AND COMPLIANCE WITH THE KNOWLEDGE AND INSIGHTS GAINED FROM SUSTAINABLE SUPPLIER AND CUSTOMER RELATIONSHIPS.

J/V PGO & PGL OIL REFINERY

The Refinery is implementing newest technologies together with best world practices. The combination is delivering not only quality products, but is minimizing also ecological effect from crude oil refining and use of fossil fuels. Depending on the crude oil quality, the Refinery can deliver up to 83% of light fractions. The overall goal of the process is fractional distillation of crude oil into petroleum fractions specifically naphtha, diesel oil, residual fuel oil and heating fuel.

The major equipment in the process are feed charge pumps, pipelines, flow, pressure and temperature gauges, columns, heat exchangers, cooling tower for supplying cooling water, boilers for supplying stripping steam, furnaces for crude heating and storage tanks for crude and refined products. The existing storage tanks capacity is 7,750m3 and we intend to rent additional 45,000m3 storage spaces from Tema Oil Refinery.

Processing

THE PRODUCTION CAPACITY OF RAW MATERIALS IS 63.5M3/HOUR OR 750 TONS PER DAY PRODUCING THE FOLLOWING

12%NAPHTHA

40%GAS OIL

45%RFO

3%BITUMEN

Refined products 2018

Total Output2018 Metrics

16%

NAPHTHA

41.5%

GAS OIL

42.5%

RFO

1,184,578 ltrs

NAPHTHA

3,300,755 ltrs

GAS OIL

3,185,044 ltrs

RFO

PLATON OIL REFINERY GHANA

The Refinery “Platon Gas Oil Ghana LTD.” located the Republic of Ghana, Greater Accra region, Tema, was built in 2013, as part of an investment project. The refinery is located at the industrial area of Tema. Lead equipment is made in Ukraine, automatic systems and pumping equipment are manufactured in Germany. The modernization started its place in 2017 where the additional equipment of the plant allowed to expand the range of processed raw materials (crude oil and gas condensate) and to increase the volume of processing and storage of raw materials (crude oil and gas condensate) and finished products.

Platon Gas Oil refinery industrial pumping equipment grounds

Large metal industrial oil storage tanks at Platon facility

The refinery meets all requirements of industrial safety, environmental protection and is equipped with equipment that meets the ISO 9001 quality standard, which is necessary to ensure the continuous operation of the plant. The products of the refinery are certified in Ghana and meet all safety requirements.

At the present moment, the plant is able to process raw materials with a density range from 0.7 to 0.91. This largely makes the company independent to the quality of the supplied raw materials and expand its the business opportunities.

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Why invest in PGAS

Energy is at the heart of everything we do!

"Our success is driven by our people and their commitment to get results the right way by operating responsibly, executing with excellence and capturing new opportunities for profitability growth"