In a move to modernize how business is done in Nigeria’s downstream oil and gas sector, Petroleumprice.ng has introduced a new digital marketplace aimed at making petroleum asset transactions easier, safer, and more transparent.

The company’s chief executive officer, Olatide Jeremiah, said the platform is designed to connect players across the industry—from fuel marketers and station owners to equipment dealers and logistics providers—on a single, trusted platform.

The marketplace features verified listings across various categories including trucks, filling stations, storage tanks, safety tools, marine equipment, and fuel products. Every vendor is screened to ensure users are dealing with licensed and credible sellers.

To help users find exactly what they need, the platform includes smart search filters by product type, location, and technical details. The aim is to speed up procurement and improve transparency in what has often been a complex sector.

It is structured into four service areas: equipment listings, marketer profiles, supplier services, and truck hire. A role-based subscription model offers tailored tools for different users across the value chain.

Pricing ranges from free basic access to premium plans. These include ₦10,000 monthly for analysts, ₦20,000 for marketers, suppliers, and truck owners, and ₦50,000 for depot owners under the elite plan.

Jeremiah said the platform is not just a listing service but a full digital ecosystem that combines real-time pricing data with trading tools to help businesses make better decisions and reduce risks.

Already known for its real-time depot pricing and petroleum reports, Petroleumprice.ng is now offering a complete solution for sourcing, trading, and logistics within the oil and gas industry.

He said the platform is built for everyone in the value chain and aims to remove access barriers, making trading easier for all.