MATRIX ENERGY LIMITED

Matrix Energy Group is a rapidly growing indigenous and integrated Oil Marketing and Trading Company in Nigeria,which was incorporated November 25, 2004.

Over the years, Matrix Energy has grown from a modest supply and distribution operation to a fully integrated petroleum products marketing and trading company with clients and suppliers all over the world as such we are currently rated as a leader amongst other companies in the downstream and Logistics subsector of the Nigerian Economy.

As part of our strategy to create a sustainable niche market for crude by working toward having guaranteed and steady crude supply just like other international oil trading companies, Matrix began to pursue this strategy in 2019 by participating in Project Eagle which was concluded in July 2020 where we invested our equity in order to have 15,000 barrels of crude oil per day for a period of 5 years, in July 2020 Matrix in conjunction with VITOL successfully secured a 5 yr. term contract as an Off- Taker lender with NNPC ( Project Eagle) which grants us access to 30,000bopd thus allowing Matrix as an indigenous African Trader to further expand its space and play in a space hitherto dominated by International Traders.