Our History

Eterna was incorporated on the 13th of January 1989 as Eterna Oil & Gas Limited and commenced business in 1991. We re-registered as a public limited Company in 1997.

In our bid to carve a niche as a manufacturer and marketer of reliable, efficient and high quality lubricants and oil products, we established a technical trading relationship with Castrol BP in 1991 – the pioneers in global lubricant technology and specialty chemicals. This relationship gave rise to a distributorship agreement and an exclusive right to import and market Castrol products in Nigeria and the ECOWAS sub-region.

Today, our lubes blending plant is world class with a state of the art laboratory in Africa to manufacture Castrol and Eterna products to cater for the West African markets.

We have also significantly expended our fuels and marketing capabilities through the following acquisitions in order to enhance our cashflows and profitability:

  • A Coastal Tank Farm in Lagos with a capacity of 34 million Litres;
  • An Aviation Fuel Depot at the Bill Clinton Drive, near Nnamdi Azikwe Airport, Abuja
  • To serve the petroleum products needs of the Eastern and Southern markets.
  • Roll-out of numerous filling stations across the country.