Petroleum Products Marketing in Nigeria

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  • Topic: Petroleum, Petroleum industry, OPEC
  • Pages : 11 (3856 words )
  • Download(s) : 165
  • Published : June 30, 2011
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CENTRE FOR ENERGY, PETROLEUM, AND MINERAL LAW AND POLICY
STATEMENT OF ORIGINALITY
ID STUDENT: 090018034
PROGRAMME: MSc in International Oil and Gas Management MODULE: CP52044
Strategic Management and Organisational Analysis TITLE OF
RESEARCH PAPER: THE PETROLEUM PRODUCTS MARKETING INDUSTRY IN NIGERIA: WHAT ARE THE ISSUES? ABSTRACT: The process of getting petroleum products off refineries and getting them to the costumer has become one of the biggest industries in the energy sector, with so much economic implications. Interestingly, petroleum products market is quite unique from the crude oil market, owing to the scale of operations, unique demand and market size. Petroleum products marketing is such a complex and wide-ranging industry, especially in most of the crude oil producing nations, where the products are regulated and the prices fixed by the Government. This paper analyses the Nigerian Petroleum Products Marketing Industry, with the aim of reflecting the industry’s operation in Nigeria, and in the light of the analysis provide probable forecast of how the industry may be headed in the near future, which is very important for both managers and investors. WORD COUNT: 3602

PRESENTED TO: Mr Joe Lafferty
CONTRACT CONCERNING PLAGIARISM:
I, the undersigned, have read the code of practice regarding plagiarism contained in the Students Introductory Handbook. I realize that this Code governs the way in which the Centre for Energy, Petroleum and Mineral Law and Policy regards and treats the issue of plagiarism. I have understood the Code and in particular I am aware of the consequences, which may follow if, I breach the Code. I also authorise the Centre to scan the e-copy of my research paper through the plagiarism Detection Software to detect plagiarism. SIGNED:

DATE: 13- 05- 2011 TABLE OF CONTENT
ABBREVIATIONS
LIST OF FIGURES
LIST OF TABLES

1. INTRODUCTION....................................................................................................6

2. THE PETROLEUM PRODUCTS INDUSTRY IN NIGERIA...........................7

2.1 Industry Review.........................................................................................................7

2.2 Industry Analysis.......................................................................................................8

3. FUTURE OPPORTUNITIES AND THREATS..................................................12

3.1 PESTEL Analysis......................................................................................................12

3.2 Porter’s Five Forces Analysis.....................................................................................13

4. CONCLUSION..........................................................................................................14

BIBLIOGRAPHY......................................................................................................16

ABBREVIATIONS
AGO Automotive Gas Oil HHK Household Kerosene IPMAN Independent Petroleum Marketers Association of Nigeria LPG Liquefied Petroleum Gas NNPC Nigerian National Petroleum Corporation NSE Nigeria Stock Exchange PMS Petroleum Motor Spirit PPPRA Petroleum Products Pricing Regulatory Agency...
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