Nigerian Oil and Gas Industry – Pathways to Growth

Nigerian Oil and Gas Industry – Pathways to Growth

From the inside pages: “The bottom-line is that, if the refineries of NNPC are to operate sustainably at maximum capacity, it is imperative that they be granted a minimum level of autonomy that allows them to buy their crude oil from whomever/wherever, sell their products to whomever/wherever, and retain such funds therefrom that are required to pay their staff and maintain their equipment and facilities.” Ian G. Udoh Read the full document on pdf INTRODUCTION With the coming online of Train 6 of the NLNG Complex in December 2007, the…

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Some Basic Data On The Nigerian Petroleum Industry (Upstream)

Some Basic Data On The Nigerian Petroleum Industry (Upstream)

 LIST OF CRUDE OIL EXPORT TERMINALS IN NIGERIA (29 Nos.)   OPERATOR S/NO TERMINAL LOCATION FACILITY CRUDE STREAM STORAGE CAPACITY (BARRELS) SHELL/SNEPCO 1 BONNY ONSHORE TERMINAL BONNY LIGHT 3,563,000 2 FORCADOS ONSHORE TERMINAL FROCADOS BLEND 3,140,000 3 SEA EAGLE OFFSHORE FPSO EA CRUDE 1,400,000 4 BONGA OFFSHORE FPSO BONGA CRUDE 1,850,000 EXXONMOBIL 5 QUA IBOE ONSHORE TERMINAL QUA IBOE LIGHT /CONDENSATE 4,396,000 / 1,925,000 6 YOHO OFFSHORE FPSO YOHO CRUDE 1,925,000 7 ERHA OFFSHORE FPSO ERHA CRUDE 2,142,600 8 USAN OFFSHORE FPSO USAN CRUDE 1,861,000 CHEVRON 9 ESCRAVOS ONSHORE TERMINAL…

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Introduction to Petroleum Industry

Introduction to Petroleum Industry

“The Kingdom of Heaven runs on righteousness, but the Kingdom of Earth runs on OIL!” Quote by Ernest Bevin at the British Parliament during a heated discussion concerning the Middle East.   Petroleum, or crude oil, is a naturally occurring oily bituminous liquid, which forms the raw material for a wide range of fuels and other products. Modern industrial civilisation, with its mega-cities and sprawling suburbs, replete with labour-saving appliances and electronic gadgets, is possible largely because of the ample and inexpensive supply of petroleum and its products. This dependency…

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