About Us
About Sterling Petroleum
Sterling Petroleum Limitedd, a UK-based petroleum company founded in 2020 by Nakendram Piratheepan, has rapidly emerged as a trusted player in the fuel retail industry. Sterling Petroleum demonstrates a commitment to operational control and future acquisitions through carefully crafted lease agreements.
In 2024, Sterling Petroleum projects significant retail fuel sales volumes and shop sales revenue, bolstered by additional revenue streams such as facility fees and profits from shop sales at commissioned sites. Looking ahead, the company plans to add 10 more sites to its portfolio, solidifying its position as a key player in the petroleum industry. Sterling Petroleum’s commitment to expansion, entrepreneurship, and financial excellence positions it as an industry leader with a promising future.
Six Key Points About Sterling Petroleum
Quality
Providing superior-quality fuel and convenience goods to meet and
exceed customer expectations.
Innovation
Embracing technological advancements & innovative solutions
for a sustainable future.
Customer Statisfaction
service and satisfaction
for customers.
Safety
Prioritizing the safety of operations, employees, and customers. Committing to eco-friendly practices to minimize the impact
Leadership Team
led by a proven entrepreneurial management team and a well governed Board delivering for all stakeholders.
Proven Growth Strategy
our commitment to growth is not just a promise—it’s a proven strategy. With a focus on innovation, market insights, and satisfaction
A History Of Growth
Sterling Petroleum Limited, a dynamic and privately held petroleum company headquartered in the United Kingdom, was founded on June 26, 2020, by the visionary entrepreneur Nakendram Piratheepan. As of now, Sterling Petroleum operates a network of 56 sites, each strategically positioned to cater to diverse consumer needs. Among these, 2 freehold sites are wholly owned, showcasing the company’s commitment to direct operational control. Additionally, Sterling Petroleum manages 20 leasehold sites, at the core of Sterling Petroleum’s forward-looking business strategy lies a common thread in most of its lease agreements, a carefully crafted option to buy clause. This strategic approach signifies the company’s intentional groundwork for potential acquisitions in the near future. Out of these 22, 3 sites are directly managed by Sterling while the rest of the sites are subcontracted to commissioned operators.
A notable achievement for Sterling Petroleum is the aggressive growth strategy implemented since its inception. Commencing operations with a single site in 2020, the company has achieved an extraordinary feat, expanding to 22 sites within just three years. Looking ahead, Sterling Petroleum is poised for continued expansion. With plans to add 10 more sites to its portfolio, the company is on track to manage a total of 32 sites under SP before the 1st half of the year concludes. This strategic growth initiative underscores Sterling Petroleum’s forward-thinking approach and solidifies its position as a key player in the evolving landscape of the petroleum industry.
Our Mission
Sterling Petroleum is dedicated to being a leader in the forecourt retail industry by consistently delivering premium products and services. The company is committed to fostering sustainable practices, maintaining the highest standards of safety, and contributing positively to the communities it serves.
Our Vision
The vision of Sterling Petroleum is to be recognized as a trusted and environmentally responsible forecourt retail company, setting industry benchmarks for quality, innovation, and customer satisfaction. The company aspires to continue expanding its footprint while maintaining a strong commitment to ethical business practices.
