NIGERIA OIL AND GAS INDUSTRY

NIGERIA Oil And Gas Industry

Table of Content

CHAPTER 01: OVERVIEW OF THE INDUSTRY1

CHAPTER 02: OTHER REGIONS OF THE WORLD6

O&G Industry in Middle East6

CHAPTER 03: KEY DRIVERS OF THE DOWNSTREAM SECTOR- THE MAJOR PLAYERS IN THE BRITAIN CONTEXT13

Petroleum Industry Bill Will Restructure Downstream Industry16

Impact on Operating Companies17

CHAPTER 04: BARRIERS TO ENTRY FOR A NEW INVESTOR19

CHAPTER 05: PETROLEUM PRODUCTS OF THE DOWNSTREAM SECTOR21

Prices25

Taxation26

CHAPTER 06: PARAMETERS MEASURE27

Corporative Tax32

Corporation tax accruals, 1997 to 2007 and net receipts, 1997-98 to 2008-0934

CHAPTER 07: FUTURE OUTLOOK37

Investors start to return to oil and gas sector41

What next?41

CHAPTER 08: STRATEGIC MANAGEMENT TOOLS TO OIL INDUSTRY45

Challenges Facing An Optimized Strategic management47

Downstream Integration - Challenges And Opportunities52

Price Modeling53

Demand Modeling54

Refinery Optimization54

Transportation Planning55

Crude Oil Marketing56

Commodity Market56

Competitors57

Crude Oil Trading - Refinery Optimization - Price Modeling57

Price Modeling - Demand Modeling - Refinery Optimization58

Transportation Planning - Refinery Operations:58

Industry Standards And Collaboration59

Benefits From Downstream Integration60

Operating Cost60

Asset Utilization61

Customer Responsiveness62

NPV OF THE PROJECT64

REFERENCES66

CHAPTER 01: OVERVIEW OF THE INDUSTRY

The NIGERIA oil and gas industry(O&G Industry) is Britain's greatest industrial success story in the last 50 years.

Oil and gas provide energy and essential chemicals for our transport, industry and homes, and earn valuable tax and export revenues to support the British economy, The figures tell their own story - the NIGERIA offshore oil and gas industry:

provides three quarters of the NIGERIA's primary energy.

provides employment for 380,000 people.

has invested £ 150 billion over the last 25 years.

has paid £ 150 billion in taxes since the 1970s.

adds £4 billion a year to balance of payments.

accounts for one-fifth of NIGERIA annual investment.

The significance of down streaming the procedures of O&G Industry in NIGERIA and these perspectives with esteem to petroleum provide string of connections presentation in descending alignment of significance arrives out as: clientele, economic, interior enterprise method, discovery and learning. Within these perspectives, the following components appear to be most significant respectively: purity of merchandise, market share, and stable provide of raw material and use of data technology. The downstream petroleum provide string of connections is inefficient and uneconomical because of the self-reliance of the convoluted and fragmented purposes which comprise it. Crude oil investigation, swapping, transport, and perfecting are purposes which may be integrated through unified decision-making facilitated by timely data exchange. This exchange has been awkward because the four enterprise flats with their disparate undertakings have not been adept to arrest and appropriately structure the needed information.

O&G Industry currently uses the Make-To-Order model to supply the distributors and they are supposed to collect the goods at the plant. O&G industry is thinking about changing the model to Make-To-Stock so they have to have an additional warehouse. They are considering all the costs and planning to launch a trial after comparison. This is one of the key issues in my dissertation and I have to focus on it and come up with the result. All necessary documents will be forwarded later on. The other major department is AIME, stands for Aviation, Industries, Marine and Energy. There are only two brands in this area: O&G industry and ...