Islands Petroleum (IP) and its shareholder companies Gazelle Agencies Ltd and Gazelle Transport Ltd were taken in 1980 by the present owner, Paul Bluett, as a transport operator. IP took over Mobil's Loloho depot in Bougainville in 1985, Rabaul in 1988, Kimbe in 1989, Kavieng in 1990, Buka in 1991 and, Alotau, Popondetta and Oro Bay in 2005.

In 2005 Islands Petroleum purchased the 7 Mobil depots and now employs around 150 staff nationwide.

Currently IP cart petroleum products for Interoil in the Islands Region and are now the largest nationally owned fuel distributorship in Papua New Guinea.

IP is continuing to develop into areas of opportunity in the New Guinea Islands region and beyond and with a net worth in excess of 40 million Kina, Islands Petroleum is a true Papua New Guinean business success story.

Where to from here?

Our continued growth and development is a beneficial force in maintaining strong competition in the petroleum industry.

At Islands Petroleum we are committed to bringing competitive force to the fuels market and are continuing expansion to further locations in PNG, we are assessing opportunities in Port Moresby, Lae, Madang and Wewak. As well as maintaining the highest standards in safety and environmental management we will ensure that economic development is always balanced by intelligent resource management, now, and into the future.