NetworkNewsBreak – Petrogress, Inc. (PGAS) Subsi
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Petrogress, Inc. (OTC: PGAS) subsidiary Petrogress Co., Ltd. (“PGL”) has entered into a partnership agreement with Platon Gas Oil Ghana aimed at combining efforts in the processing of crude oil into refined petroleum products for marketing and distribution in Ghana and neighboring countries. Regarding the partnership, Petrogress CEO Christos P. Traios stated, “We are excited about our partnership with Platon and believe it is an excellent opportunity for Petrogress to not only expand its West Africa supply operations but also to join with a strong, experienced refinery partner. The needs and demand for refined petroleum products in Ghana and neighboring countries already exceeds local capacity and grows consistently. Our companies’ combined facilities, assets and services are not only expected to provide for enhanced revenue streams, but also strengthen our footprint in West Africa.”
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