Are you into the oil and gas industry in Nigeria or you just want to know more about the industry? Register at the one stop shop for the oil and gas industry in Nigeria , http://www.nigeriaoilandgasportal.com/register.php .
From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.
SOFT COPY SUBSCRIPTION
Annual subscription x 12 issues
Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!
You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues
Subscribe Now!
For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.
SOFT COPY SUBSCRIPTION
Annual subscription x 12 issues
Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!
You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues
Subscribe Now!
For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.
In the last decade or so, petroleum (oil) has claimed the top position in Nigeria’s export list, constituting a very fundamental change in the structure of the country’s international trade.
Oil prospecting began in Nigeria as far back as 1908 but production and export started in 1958 in Shell’s field located at Oloibiri. Other companies joined soon after independence and the number of oil producing and exporting companies now stands at about 11.
The share of oil in total export value rose from less than 1 per cent in 1958 to a peak of 97 per cent in 1984 and has not been less than 90 per cent since then. In the first half of 1990, it accounted for over 95 per cent of total exports and its share of GDP has ranged between 25 and 30 per cent in recent years.
Nigeria produces about 2,000,000 million barrels per day and is the sixth largest oil producing country in the world.
The petroleum industry is usually divided into three {3} major components, upstream, midstream and downstream. Midstream operations are usually included in the downstream category.
The downstream oil sector is a term commonly used to refer to the refining of crude oil and the selling and distribution of natural gas and products derived from crude oil. It cuts across manufacturing, marketing, sales, distribution, transportation and haulage.
There are significant investment opportunities in the downstream sector of the oil and gas industry in Nigeria. Statistics have it that there are over six thousand {6,000} independent petroleum products marketers and six {6} major marketers of distributing and marketing petroleum products across the country.
Nigeria currently consumes an estimated sixty million {60,000,000} liters of refined petroleum products {PMS, DPK and AGO} per day and with population of over one hundred and sixty five million {165,000,000} people, growing at the rate of about 2.7% per annum with an estimated economic growth rate of 5.7% in the past five {5} years, the market for refined petroleum products in Nigeria, is established, growing and sustainable.
You can order our detailed market report on the investment opportunity in the downstream sector of the oil and gas industry in Nigeria by clicking on the link below.
The report identified untapped investment opportunity in the downstream sector of the oil and gas industry in Nigeria and the factors hampering investment in the downstream sector.
The report also looked at financing oil and gas projects.
Report Title: MARKET REPORT ON THE INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.Report Code: OILDEALS02
The report is also available on our sister website/company , Market Report Portal, with the link below
www.marketreportportal.com/market_report_on_the_investment_opportunities_in_the_downstream_sector_of_the_oil_and_gas_industry_in_nigeria_-prod482
The report would enable you to
1. Understand the investment opportunity in oil and gas equipment (vessel, barge & tugboat ) leasing business in Nigeria
2. Evaluate pros and cons of investing in the country’s LPG market.
3. Identify potential investment opportunities present across the LPG value chain in Nigeria.
4. Understand the legal requirements of starting liquefied petroleum gas filling plant and refined petroleum product filling station business in Nigeria.
To continue reading this article and other investment opportunities in Nigeria, please do click on the link below
INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.
Please feel free to use any of the methods below to get in touch with us.
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HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The
training cuts across different segment of the economy to include
Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining
and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism
and Transportation and are facilitated by seasoned professionals in
their respective fields.
Please do visit the link below to access available training programmes
Foraminifera
Market Research is a dynamic market intelligence company providing
comprehensive market research solutions and strategic intelligence
services to start-ups and existing businesses in Nigeria.
We
prepare business plan, feasibility study and market report for the
small and medium scale industries and develop the entrepreneurial
capacity of our client with the aim of providing the much needed
business data in Nigeria.
In
keeping with our vision of providing services that adds value to our
clients business and resources to develop their business into a strong
and visible global brand, we would like to introduce to you to our
sister websites
www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}