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  • Benin-City, Edo, Nigeria
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Isaac's Page

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Computer analyst
Favourite Movie
lie to me-Dr lightman
Favourite Music
Days of Elijah
Favourite Artiste
Donnie Mcclurkin
Currently Reading
Purpose driven life-Rick Warren
What I like about Nigeria
i would like for Nigeria to be a place of mutual dwelling and better governance, where transparency and justice would be topmost in the rule of the day.

Isaac's Blog

Nigeria's downstream petroleum industry

Posted on January 11, 2012 at 10:57am 0 Comments

Here is how the industry works

[1] Nigeria’s total petroleum production is 2.5m

barrels a day

[2] We have four refineries with a combined

capacity of 445,000 barrels a day

[3] Refineries are working at no more than 30%

capacity i.e 133,500 barrels (12.2m litres) a day

[4] Domestic petrol consumption totals 12m litres

[5] The cost structure of crude…


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