Nigeria’s adoption of Compressed Natural Gas (CNG) is hampered by critical infrastructure challenges, particularly in the energy and transportation sectors. Limited gas pipeline networks restrict CNG’s accessibility nationwide, and the scarcity of refueling stations in key urban areas and highways further impedes widespread vehicle conversion to CNG.
At Oilstead, we are committed to transforming the availability of CNG through our innovative Mobile Refueling Units (MRUs), designed to bring CNG directly to fleet operators, logistics companies, and public transport providers. Our solution enables businesses to reduce fuel costs and carbon emissions without relying on fixed refueling stations.
Leveraging Nigeria’s abundant natural gas reserves and aligning with government-led CNG initiatives, Oilstead is strategically positioned to overcome infrastructure barriers, drive adoption, and contribute to a more sustainable and economically vibrant future for Nigeria.
The Opportunity
Oilstead offers a smarter, more flexible solution with our Mobile Refueling Units (MRUs). These agile, cost-efficient units bring refueling services directly to customers, bypassing the need for expensive, fixed infrastructure. Our MRUs provide on-demand, convenient access to CNG across Nigeria’s major cities, ensuring a seamless transition to cleaner energy solutions..
Our Target Market and Demand
Nigeria’s transport and logistics sectors are expanding rapidly, fueled by a growing population, urban migration, and increasing commercial activity. This growth presents a prime opportunity for Oilstead to introduce its CNG Mobile Refueling Units to meet the fuel demands of:
-Commercial Fleets and Logistics Companies: Large fleet operators can significantly reduce fuel expenses and improve their sustainability profiles by transitioning to CNG. Our mobile units offer a reliable and convenient refueling solution, ensuring minimal disruption to daily operations.
Public Transportation Systems: Urban bus networks and taxi fleets are key targets for CNG adoption, given the cost savings and reduced emissions associated with this alternative fuel. Oilstead is committed to partnering with city governments and public transportation authorities to integrate mobile CNG refueling into their operations.
- Corporate and Private Consumers: As sustainability becomes a top priority for businesses and individuals alike, Oilstead will provide a compelling alternative to traditional fuels, offering cost-effective and environmentally friendly CNG refueling options.
Our Business Model and Revenue Streams
Oilstead’s revenue model is structured to ensure long-term profitability and scalability. Our streams of income will drive financial growth and generate consistent returns for our investors:
1. Refueling Service Revenue: Oilstead will charge customers for CNG refueling services, competitive with established CNG stations but with the added convenience of on-site refueling.
2. Leasing of MRUs: We will offer leasing options for companies with large fleets that require dedicated mobile refueling units. This model creates recurring revenue while enabling customers to manage their fuel needs independently.
Key Advantages of Oilstead’s CNG Mobile Refueling Units
- Mobility and Flexibility: Our MRUs can travel to where they are needed most, serving multiple locations within a day. This flexibility makes it possible to reach areas underserved by fixed CNG stations, creating a significant competitive advantage.
- Cost-Effectiveness: By delivering CNG directly to businesses and transportation hubs, Oilstead reduces the need for costly infrastructure and streamlines the refueling process, translating into operational savings for our customers.
- Sustainability Alignment: As Nigeria pushes for cleaner energy, CNG provides a sustainable alternative to gasoline and diesel. Oilstead’s service will help businesses meet regulatory requirements and environmental goals while reducing carbon emissions and operational costs.
Market Growth Potential
Nigeria’s government is promoting the National Gas Expansion Programme (NGEP), encouraging the use of natural gas as a key energy source for transportation and other sectors.
This program, combined with an increasing emphasis on environmental sustainability, positions Oilstead to capture a significant share of the growing CNG market.
Projections indicate a 35% increase in CNG vehicle adoption over the next three years. Cities like Lagos, Abuja, and Port Harcourt are major hubs for fleet operators and logistics companies, offering a lucrative market for Oilstead’s mobile refueling services. Our strategic entry into these cities will lay the foundation for rapid expansion across Nigeria.
Financial Projections and Returns
Oilstead’s financial forecasts highlight significant growth potential for our investors. With initial operations focused on Nigeria’s largest urban centers.
- Profit Margins: Expected to grow from 15% in year 1 to 30% by year 3, as we scale operations and optimize cost structures.
Investment
Oilstead is seeking seed funding to accelerate the deployment of 7 Mobile Refueling Units across Nigeria’s key cities.
This capital will be allocated to:
- Acquisition of MRUs and related operational equipment.
- Marketing and customer acquisition initiatives aimed at fleet operators, logistics companies, and public transportation authorities.
Investor Benefits
- Strong Market Potential: Oilstead operates in a fast-growing sector with increasing demand for CNG solutions and strong government support for natural gas as a sustainable fuel source.
- First-Mover Advantage: Our innovative mobile refueling units allow Oilstead to capture significant market share early, establishing the company as a leader in CNG refueling in Nigeria.
- Sustainability Focus: Investors will play an active role in supporting Nigeria’s transition to a cleaner energy future, with the potential for both financial returns and a positive environmental impact.
Join Oilstead in Shaping Nigeria’s Energy Future
Oilstead’s CNG Mobile Refueling Units represent a unique opportunity to drive Nigeria’s clean energy transition while generating significant financial returns. By partnering with Oilstead, investors can contribute to the growth of a sustainable energy solution that meets the country’s expanding fuel demands.
We invite forward-thinking investors to join us in this exciting venture and be part of the revolution in Nigeria’s energy and transportation sectors. Let’s fuel the future, together.
For further inquiries and detailed investment discussions,
Please contact Oilstead’s executive team at
+234 8036114505 +234 908 271 3855
Email : oilstead@hotmail.com