• , Moyo Agro By Caterpilar, Ogba, Lagos
  • Lagos, 23401
  • Nigèria
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Brief Summary of the Nigerian Crude Oil and Gas Industry by the CEO Integrity

Intercontinental Group.

NIGERIAN CRUDE OIL AND GAS

Nigerian Crude Oil and Gas Allocation Processing, Nigerian Oil Mining Licenses

and

Oil Prospecting Licenses Processing (OPL OML), Buying and Selling Bonny

Light, Forcardos Light, Excravos Light, Qua Iboe Light,

Brass River Light, LNG, LPG, All Nigerian Crude Oil

and Gas By-Products etc. Get Nigerian Crude Oil and Gas Licenses and Permits.

Exploit and invest in the tremendous Crude Oil and

Gas Resources of Nigeria, the world's 7th largest exporter and

producer of Crude Oil and the 4th largest supplier of Crude Oil to the USA.

Brief Background

Nigeria is regarded as mainly a gas province with some oil.

Proven Gas reserves are put at 100 trillion cubic feet, TCF. Whereas proven oil

reserves were 16 billion in1991 and 20 billion in 1992, Nigeria has set a target of 25 to

30 billion proven crude oil reserves for 2008. Nigeria has seven sedimentary basins:

Niger Delta, deep offshore Niger Delta; Benue Trough; Lake Chad; Sokoto,

Anambra, and Dahomey (Benin). Niger Delta is a mature oil basin and is considered

to be one of the most prolific oil bearing sedimentary basins in the world.

The acreages covered seven sedimentary basins Niger Delta and its deep offshore,

Benue Inland Trough; Anambra; Dahomey (Benin), Sokoto and Lake Chad.

1. Niger Delta

2. Deep offshore (Niger Delta)*

3. Benue Trough

4. Dahomey

5. Sokoto

6. Lake Chad *5-200 metres water depth

Nigerian Crude Types Specific Gravity Sulphur Content - (%)

Bonny light (sweet) 0.8398-37 api 0.14

Qua Iboe 0.8398-37 api 0.14

Escravos blend 0.8448-36 api 0.14

Brass river 0.8063-44 api 0.28

Forcados 0.8708-31 api 0.2

Pennington Anfan

Crude Oil Export Terminals

BONNY: -Operator: Shell Petroleum Development

Location: About 560 km S.E of Lagos.

Loading Capacity: 6,500 T/H

22km of sea line with 2 single buoy moorings, for tankers

loading up to 300,000 230,000 DWTStorage Capacity: Not available

FORCADOS: Operator: Shell Petroleum Development

Location: About 260 km S.E of Lagos.

Loading Capacity: 11,000 T/Hr

26 km sea line with 2 single buoy moorings for tankers loading up to 254,000 DWT

(Total storage capacity Bonny-Forcados: 13 million bbls.

ESCRAVOS: -Operator: Chevron Nigeria Limited

Location: About 220 km S.E. of Lagos

Loading Capacity: 3,750 T/Hr

30 km of sea line with 2 single buoy moorings for tanker, loading up to 350,00 DOT

Storage capacity: 3.6 million barrels

QUA IBO: Operator: Mobile Producing

Location: About 650 km S.E. of Lagos

Loading Capacity: 3,750 T/Hr

21 km of sea line with 2 single buoy moorings for tankers loading up to 285,000

DWT

RASS -Operator: Nigerian Agip Oil Company, NAOC

Location: about 470 km S.E. of Lagos 26 km of sea line with 2 single buoy moorings

for tankers

Loading up to 300,000 DWT

Storage Capacity: 3,558 million barrels

PENNINGTON: Operator: Texaco (Overseas) Nigeria

Location: About 370 km S.E. of Lagos

Loading Capacity: 2,000 T/Hr

Tankers up to 250,000: Not Available

We sincerely hope that this information will lure you to invest in the greatest

country in Africa and take advantage of the tremendous opportunities that exist in

the Nigerian oil and gas sector. The truth of the matter is that in spite of the

negative international publicity about the Nigerian economy and market, smart

multibillion dollar companies are still investing in the Nigerian economy and

making billions of hard core foreign exchange.

We guarantee you a fraud free environment when you use our consulting,

equipment and licensing services to do business in the Nigerian crude oil and gas

sectors.

Thanks

Anakwe Joseph Chime

Chief Executive Officer/Chairman

To All: Marketing Directors

To All: Buyers Across the Globe

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