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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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