According
to a world bank report in 2010 over 50 percent of the world’s population
directly or indirectly depends on hydrocarbon and petroleum products for
survival.
Petroleum
products are among the most valuable natural resources abundantly available in
our country. Nigerians and people everywhere use petroleum products as a fuel
in their automobiles, generating sets, industrial plants and for cooking
purposes, thus making petroleum products an essential commodity that is needed
for the daily operations of individual, industrial and national activities.
Nigeria
being an oil producing nation however still relies on imported petroleum
products for the servicing of the economy. Such petroleum products as Petrol
(PMS), Diesel (AGO) and kerosene (DPK) are products utilized by almost
everybody on daily basis at an average of 60 million litres daily usage. Due to
increasing level of standard of living, more Nigerians are increasing the
number of cars on the road, the need for constant power supply to aid
uninterrupted production of goods and services and also for domestic use more
Nigerians are increasing the demand for fuel in order to enjoy the usage of
their generating sets and industrial plants
In
line with the recent policy of the Federal Government of Nigeria on
deregulation of the downstream oil industry which makes it possible for oil
marketers to import and to warehouse Petroleum Products, this report highlights
the step-by-step procedure required for the setting up of a petroleum bulk
storage tank farm and it's financial viability or otherwise.
The
operations of the said depot shall involve stocking the tanks with petroleum
products and sale of same. Within the limits of availability, the tanks would
be leased to other oil market operators at prevalent market price.
Report Details:
Report Type: Pre- Feasibility Report
Formats of Delivery: PDF / MS WORD
No. of Pages: 31 Pages ( Text Part) / 6 Pages (Financial Part)
Publisher: Foraminifera Market Research
Release Date: 30/08/2015
Language: English
Delivery time: 24– 48hours
Table of Contents:
EXECUTIVE SUMMARY
1.0 Business Overview
1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Critical Success Factor of the Business
1.5 Current Status of Business
1.6 Description of the Business Industry
1.7 Contribution to Local and National Economy
2. Marketing Plan
2.1 Description of product
2.2 Product Packaging and delivery
2.3 The Opportunity
2.4 Pricing Strategy
2.5 Target Market
2.6 Distribution and Delivery Strategy
2.7 Promotional Strategy
2.8 Competition
3. Production Plan
3.1 Description of the Location
3.2 Raw Materials
3.3 Production Equipment
3.4 Production Process
3.5 Production Cost
3.6 Stock Control Process
3.7 Pre-Operating activities and expenses
3.7.1 Operating Activities and Expenses
3.8 Project Implementation Schedule
4.0 Organizational and Management Plan
4.1 Ownership of the business
4.2 Profile of the promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of salary schedule
5. Financial Plan
5.1 Financial Assumption
5.2 Start up Capital Estimation
5.3 Source of Capital
5.4 Security of Loan
5.5 Loan Repayment Plan
5.6 Profit and Loss Account
5.7 Cash Flow Analysis
5.7 Viability Analysis
6.0 Business Risk and mitigation factor
6.1 Business Risks
6.2 SWOT Analysis
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