An estimated $8 billion is spent annually on outsourcing of services in the oil and gas industry in Nigeria in operations such as fabrication, engineering procurement, construction (EPC), Front End Engineering Design (FEED), conceptual designs and seismic studies. This figure is projected to hit $15 billion within […]
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Nigeria though the sixth largest exporter of crude oil in the world, remains one of the largest importers of refined petroleum product in Africa, consuming about 1.2 billion liters in 40 days due to vandalization of oil distribution pipeline and the poor state of our local refinery […]
Read more →A combination of factors like vandalization of oil distribution pipeline and the inability of the four {4} local refinery in Nigeria to meet the local demands of the country in terms of refined petroleum products has created the need for the importation of the these products and […]
Read more →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 […]
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