HISTORY

Mr. Almani Konta began his international business career by exporting U.S.-made products to Africa. He established this trade through a company named Transcontinental Energy Corporation, which played a key role in facilitating the exchange of goods and fostering economic ties between the United States and African markets. This initiative marked the beginning of Mr. Almani’s successful journey in international trade and energy-related ventures.

Mr. Almani Konta began his international business career by exporting U.S.-made products to Africa. He established this trade through a company called Transcontinental Energy Corporation, which later acquired KP MAHAMANOU OIL & GAS LIMITED Company, Inc. Under Transcontinental Energy Corporation, the company traded in crude oils and refined products, operating under the Petraco name throughout. Key customers during this period included Apex Oil Company (St. Louis, Missouri), Dow Chemical (Midland, Michigan), Ergon Refining Company (Jackson, Mississippi), and Phibro Energy (Stamford, Connecticut). The company achieved a trading volume of $125,000,000 USD monthly, facilitated through Banque Nationale du Paris (BNP) in Geneva, Switzerland, with George Senave as the primary contact.

Mr. Almani Konta initiated a transaction to expand KP MAHAMANOU OIL & GAS LIMITED’s refining capabilities on the U.S. Gulf Coast. The goal was to increase refining capacity from 25,000 barrels per day to over 100,000 barrels per day. This expansion involved acquiring the assets of Independent Refining Company in Winnie, Texas, and Port Neches, Texas. The deal progressed to the contract stage, supported by a long-term crude supply and profit stream agreement with Sonangol, the national oil company of Angola.

To secure the transaction, KP MAHAMANOU OIL & GAS LIMITED received a letter of credit from French American Bank in New York, which was reissued through BNP Geneva to Paribas in Lisbon, Portugal, in favor of Sonangol. The company had a tanker ready to load at the Port of Cabinda with all necessary port clearance codes. However, the deal was halted due to political conflicts between the U.S. government and the Angolan government.

Despite this setback, KP MAHAMANOU OIL & GAS LIMITED continued to expand its trading operations, opening new markets in Russia, Poland, China, the Republic of Benin, Venezuela, and Mexico. This diversification allowed the company to maintain its growth trajectory and establish a strong presence in the global energy market. Mr. Almani’s strategic vision and adaptability were key to navigating challenges and seizing new opportunities in the international oil and gas trade.

KP MAHAMANOU OIL & GAS LIMITED, inspired by the legacy of pioneers like Mr. Almani Konta, continues to build on this foundation of innovation and global collaboration. The company is committed to advancing sustainable energy solutions, leveraging cutting-edge technology, and fostering strategic partnerships to meet the evolving demands of the energy sector. By combining expertise with a forward-thinking approach, KP MAHAMANOU OIL & GAS LIMITED aims to contribute to a resilient and sustainable energy future.

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