Our History | Over 30 years in the making

In 1980, Nigeria relied on foreign-owned and chartered vessels to transport petroleum products from refineries. These foreign vessels had an effective monopoly on the industry, and their prices were high.

Our founder, Elias Daaboul, realized an opportunity for an independent company to provide quality service to the industry at a competitive price. In turn sold his successful road haulage company and founded a maritime transportation company designed to provide for the shipping of finished petroleum products from refineries.

In eight short years, the company had expanded to sixteen vessels carrying finished petroleum products to oil marketers throughout Nigerian territorial waters. By 1992 the company had grown even further, and Petrostar Nigeria was established.

Today, Petrostar is one of Nigeria's renowned companies. Our current workforce unites over 1,000 skilled and dedicated people from Nigeria all over the world. And while, still a family-owned business, we have diversified our portfolio substantially into mining, palm oil refining, telecommunications, and many other industries.

It is our goal to continue growing, while creating new success stories, projects and opportunities.

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