our business

Jet oil

MM has owned and operated Cetracore-Jetoil.

Jetoil is the only independent retailer that owns an unrestricted products import terminal – the largest non-refinery storage terminal in the Balkans.

Jetoil supplies a retail network of 108 own-brand gas stations throughout Northern Greece with bio-blended fuels. It has potential to further expand as a major wholesaler to neighbouring Balkan countries, working alongside Motor Oil Hellas.

Jetoil has a wholly owned facility in Kalochori, Thessaloniki, with 190,000 m3 of capacity. It benefits from an advantageous location in the northern part of the country: there is only one relatively simple refinery in the area and potential for further export of products to neighbouring countries.

jetoils.com

Jetoil – strategy overview

Cetracore-Jetoil, including a restructuring and management overhaul.

RETAIL SALES
Through a contracted system of Company owned company
WHOLESALE
Sales to other local distributors
EXPORTS
Sales via trucks and trains to the nearby Balkan countries
BUNKERS
Ownership of bunkering licence allowing operations nationwide
BIO-DIESEL BLENDING
Separate bio-diesel installation adjacent to the main installation
STORAGE LEASING
Terminal’s tank capacity is leased out exclusively to Motor Oil Hellas
ACTIVE PRODUCTS
10ppm Diesel, Gasoline, Heating Oil, Marine Diesel

Overview storage assets

The terminal has a state-of-the-art storage facility and truck loading infrastructure.

 

Jetoil has a wholly owned facility in Kalochori, Thessaloniki, with 190,000 m3 of capacity. It benefits from an advantageous location in the northern part of the country: there is only one relatively simple refinery in the area and potential for further export of products to neighbouring countries.

Land plot in Souda, Crete, with pending licence to build a 40,000 m3 storage facility Wholly owned 18,000 m3 storage facility in Kosovo through Jetoil subsidiary Standardplin

  • vessel discharge
  • port matrix
  • manifold storage
  • truck loading facility

Corporate social responsibility

Expanding our group’s reach

Corporate Social Responsibility is central to our business and culture. It dictates how we operate, behave and interact with our customers, partners and most importantly our communities. We have consistently shown our commitment to the local communities that we operate in. Our CEO, Mr Murtaza Lakhani, has donated to various charitable organisations, including several charities in Iraq.

2008 - 2016

2008 - 2016

This foundational page should articulate MM's history

Great Ormond Street
ITA Public Trust

2016 - 2019

2016 - 2019

This foundational page should articulate MM's history

Great Ormond Street
ITA Public Trust

2019

2019

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2021

2021

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variations
variations

2025

2025

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popular