loading

Ingor Sportswear - Gym/ Fitness/ Yoga/ Workout Wear/ Activewear/ Sportswear Manufacturer In China

TANK FARM: OIL AND GAS REAL ESTATE BUSINESS IN NIGERIA.

by:INGOR SPORTSWEAR     2020-06-30
Nigeria though the sixth largest exporter of crude oil in the world, remains one for this largest importers of refined petroleum product in Africa, consuming about 1.2 billion liters in 40 days due to vandalization of oil distribution pipeline as well as the poor state one's local refinery on the inside country has greatly affected the capacity of the local industry to meet the demands of consumers in terms of refined petroleum product like AGO, PMS and DPK. In order to receive, store and re-distribute these products to the end users, tank farms are required consider the product off of the vessel from there offshore position into the tank farms for temporary storage through pipes. These facilities are very fantastic for companies buying models like AGO,PMS and DPK from offshore ,the facilities are well equipped to handle large volume of product pending when loading is done on trucks and tankers. The oil and gas market in Nigeria is large, expanding and sustainable and the provision of tank farm services is one of the lucrative associated with the industry. The provision of petroleum storage services cost as almost as much as between N3 - N5 /liter for 24 hours. The investor can pick to build the tank farm from scratch or acquire house from owners though this option particularly rare. The investor can also lease the facility for a long period of time from the business. Some of these facility builders took loans from bank and are looking for interested buyers prepared purchase the facilities from them rrn order that they can clear-up there bank loan and make some profit in straightforward. The facility are usually valued based on there location, storage capacity and item of soil . the facility is sitting on. Anaekwe Everistus Nnamdi can be a Business Development Consultant by day and blogs on investment opportunities in Nigeria by Night. Herrrs the administrator of world wide web.nigeriabusinessplace.com , a forum focused on business in Nigeria. To contribute / market your business and look about other investment opportunities from other writers and organizations, sign in on the forum. Visit his inspiring and educative blogs at www.farriconsultingng.blogspot.com www.propertyforsaleinnigeria.blogspot.com You can reach the writer on + 234 (0) 8033782777, +234 (0) 7082530855 or enquiries@foramfera.com
Custom message
Chat Online
Chat Online
Leave Your Message inputting...
Sign in with: