Bono Energy Storage Terminal is a Special Purpose Vehicle (SPV) registered by Bono Energy Group and Gladius Commodities to acquire a Petroleum Storage Terminal.

Bono Energy Storage Terminal, BEST owns and operates a state-of-the-art petroleum storage terminal in Ibafon Apapa. Established in 2019, BEST delivers outstanding petroleum storage, warehousing, retail, and logistic services to Nigeria’s petroleum industry. With an overall storage capacity of 47,350 metric tonnes. BEST is enhancing shareholders’ trading activities and providing storage services to third parties.

The purchase and operation of the petroleum storage terminal have increased Shareholders’ presence in Nigeria’s Downstream sector. It has also enhanced their trading activities and presented a platform for the organizations to complement its entire service value chain via efficient delivery of petroleum products and services to end-users.

The terminal stores Gasoline, Gasoil, Aviation Turbine, Kerosene, and Base Oil.