You will be buying crude oil here in Nigeria, refine and sell locally to millions of dealers and distributors, export to other African countries and even Europe, plus you make millions of dollars from other petroleum by-products.
It funds The Government, the meager infrastructure, and the untold huge corruption that runs into hundreds of billions of dollars!
The oil and gas industry is a large one, and as such, running a recruitment agency that has a large focus on the industry can turnout to be a profitable venture.
Cooking gas is yet again another oil and gas business to venture into. The primary role of organisations in this sector is help fix and maintain the facilities of other oil and gas businesses. Gas Wholesaling and Retailing — You can also setup a gas plant, or a wholesaling point.
Refinery requires huge deployment of fund, careful environmental and physical planning and technology. After reading through this post you decide if you can afford building a Refinery or a Kerosene Tank by the roadside.
Just like a radio talk show, you can start up an oil and gas TV show that talks about the industry trends, business opportunities, and job opportunities.
Petroleum Refining Another profitable business in the oil and gas sector is petroleum refining. The margins here are a lot higher than selling the petroleum products at the depot to suppliers, and as a result, most petroleum marketers who import petroleum products also own tank farms and petrol stations, so they can maximise their profit margins.
This is where the business of oil servicing companies comes in. You can leverage clients like government hospitals, large factories, drilling and exploration companies, and a whole lot more to build your supply chain network. As you can see, this is not business for faint hearted Investors.
Your time could be wasted as a result of long-term conversations with oil buyers who have no real money to pay or oil sellers who have no means to supply. Before you talk of investing you need to know where to invest, the decision you make after this depends on your capacity.
Buying and selling petroleum tankers is another oil and gas business opportunity to venture into. If you have the financial capacity and logistics to buy these products offshore at a bargain, you can make some profits from the margin 7.
I wrote article recently on Diesel Supply Business and based on my finding, it is a mega million naira business.
This business is very capital intensive as a vessel of this scale costs millions of dollars to purchase. You can also launch a TV show targeting the oil and gas sector.
You could go into the manufacturing or supply of barrels as a way to start up in the oil and gas industry. If I have the money I will surely invest in refinery.4.
The Ontario Oil, Gas and Salt Resources Trust (Trust) Business Plan was prepared to fulfill the mandate of the “Trust Agreement” between the Province of Ontario and the Ontario Oil, Gas and Salt Resources Corporation, an entity established by the Ontario Petroleum Institute (OPI).
Nigerian oil and gas Industry is the engine of the Nations economy – an economy that suppose to be the biggest in Africa and one of the biggest in the world if not for mismanagement and corruption. Everything in Nigeria practically depends on oil. 19+ Oil & Gas Small Business ideas & Opportunities for What is the best business to start in the oil and gas sector in ?
Are you interested in doing business in the petroleum sector but you don’t know how to go about it? OIL AND GAS BUSINESS PLAN IN NIGERIA Oil And Gas Business Plan In Nigeria This sample oil and gas business plan in Nigeria can be used for business grant applications, for bank loan applications, for writing business proposals, for writing business concept notes, for business grant competitions, start - up.
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