Problems and propect of petroleum marketing

Despite the efforts of government aimed at efficient distribution of petroleum products; the problems of inadequate and uneven distribution among others still threaten the marketing of petroleum products today in the country. As a result, these problems gave birth to independent marketers that served as a panacea to the prevalent economic situation occasioned by inadequacy in petroleum products distribution in the country.

Problems and propect of petroleum marketing

The major objective of this project or research was to find out those management problems of petroleum products in Nigeria. To accomplish the above objective, therefore the work or project has to be decided into five chapters. The first chapter introduces them.

It points out the background of the study and scope. While chapter two reviews, the related literature and the definitions. However chapter three constitutes the main body of the project.

Problems and propect of petroleum marketing

There, also highlighted on the methodology which comprise, area of study, population of study, sample technique, instrument for data collection, validity and reliability of the instrument. In chapter four, it deals on data presentation and analysis and how the respondents assured their question as show in the table and pie chart.

Thereafter, chapter five summaries all the write — up by way of findings, recommendation, limitation of study, suggestion for further study and conclusion Finally, is the reference as it concerns this project?

They stipulated that management as the process of designing and maintaining an environment in which individuals, working together in groups accomplish efficiently selected aims. Petroleum product was first introduce into the Nigeria in by Mobil.

In crude oil from which petroleum products are refined was found in commercial quantities of Nigeria. Between andmost of the white product i. In British petroleum and shell established the first refinery in Nigeria. The 35, barrels per day refinery was located at Port Harcourt.

During this period, crude oil production and petroleum product sales had became so significant to Nigerian economy inthe federal government decided to actively participate in the oil business.

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In the federal government also introduced the uniform price of petroleum products throughout the nation. The petroleum equalization fund brand was established to manage the fund.

However, between toNigeria began to experience shortage for the first time. A research was made and it was discovered that the problems was that of both supply and distribution. It was also identified that tremendous growth had taken place in demand of all petroleum products.

It was also identified that the cheapest and most efficient way of transporting large volume products i.

Therefore government mandated the NNOC to commence the construction of a network of pipeline and two 2 refineries, one at Warri and one at Kaduna to ensure adequate supply of products throughout the nation.

THE PROBLEMS AND PROSPECTS OF MARKETING PETROLEUM PRODUCTS IN NIGERIA

By after commissing of Warri refinery and the completion of the southern pipelines. By Kaduna Refinery was commissioned and the Northern products pipelines and depots began to operate.

The study on the problems and prospects of marketing petroleum products in Nigeria seeks to find out what causes or generated problems the oil industry and tries to find a lasting solution to it for the benefit of all the public or consumers. problems and prospect of marketing petroleum product in nigeria: case study of nigerian national petroleum corporation (nnpc) by adekeye adedamola oluwabusayo matric no: 06/66mc a research project submited to the department of business administration, faculty of business and social sciences, universityof ilorin,alphabetnyc.com partial fufilment. THE PROBLEMS AND PROSPECTS. OF MARKETING PETROLEUM. PRODUCTS IN NIGERIA (A CASE STUDY OF NNPC NIGERIA) ABSTRACT. The study on the problems and prospects of marketing petroleum products in Nigeria seeks to find out what causes or generated problems in the oil industry and tries to find a lasting solution to it for the benefit of all the public or consumers.

The function of supply and distribution of petroleum products in bulk was performed by various department in NNPC. The problems recently encountered are.

Problems and propect of petroleum marketing

Contained encroachment on pipeline right of way. Logistic problems of LPG distribution Unscheduled shutdown of the refineries which greatly limits products availability.

Partial computerization, which retards the flow of information Difficulty experienced in establishing letters of credit offshore purchase of critical spare parts.The study on the problems and prospects of marketing petroleum products in Nigeria seeks to find out what causes or generated problems in the oil industry and tries to find a lasting solution to it for the benefit of all the public or consumers.

problem and prospect of e-marketing in nigeria NATURE OF E-MARKETING IN NIGERIA The development of the internet has brought unprecedented development in new methods of conducting business and transaction which has affected different aspects of lives and professions including marketing.

THE PROSPECTS OF E-MARKETING IN NIGERIA ARE AS WELL FOLLOWS: Prospects of E-marketing in Developing Economies Despite the numerous problems confronting E-marketing in developing countries, there exists prospects and opportunities for future growth and development of E-marketing as the pivot of developing economies.4/4(10).

ABSTRACTThis research who investigated the problems and prospects of marketing petroleum products in Nigeria (A case study of INFRA Oil Company Nigeria Plc Enugu-Nkwo).The major objectives of this project or research was to examine those problems that affects marketing of petroleum product in Nigeria, using INFRA Oil Company Nigeria Plc as the case study.

How to cite this article: Udonne J, Akinyemi O. Prospect of Utilization of Modular Refinery to Solve Emerging Problems in Nigeria Petroleum Industry. Recent Adv Petrochem Sci. ; 4(3): DOI: /RAPSCI The petroleum industry of the country is also suffering from numerous technical problems in respect of production of middle distillates, activating its fire fighting systems etc.

which need to be corrected and updated at the earliest possible time.

PROBLEM AND PROSPECT OF E-MARKETING IN NIGERIA