0 CHECKOUT

Nigeria Oil and Gas Report Q1 2016

  • ID: 3526555
  • January 2016
  • Region: Nigeria
  • 138 pages
  • Business Monitor International
1 of 4

FEATURED COMPANIES

  • Afren
  • Chevron
  • Eni
  • ExxonMobil
  • Royal Dutch Shell
  • Total
  • MORE

The APC administration will partially reduce crude theft and instability in the Niger Delta, marginally improving production consistency. We do not expect the PIB to be passed over the coming one to two years. This will see continued regulatory uncertainty in Nigeria, supporting our view for a stagnation in oil output over the coming years. Nigerian oil production will increase slightly from 2.45mn barrels per day (b/d) in 2016 to 2.51mn b/d by 2020, based on sanctioned projects.

The main trends and developments we highlight for Nigeria's oil and gas sector are as follows:
- A decline in proven oil reserves demonstrates the impact of lower levels of exploration activity in the country since 2005. Exploration will remain slow without significant improvements in regulatory certainty and the security situation.

- The All Progressives Congress (APC) administration will partially reduce crude theft and instability in the Niger Delta, marginally improving production consistency. We do not expect the Petroleum Industry Bill (PIB) to be passed over the coming one to two years. This will see continued regulatory uncertainty in Nigeria, supporting our view for a stagnation in oil output over the coming years. However we do acknowledge some upside risk to the PIB passing earlier if the bill is split up as was recently suggested by Ibe Kachikwu, the Junior Petroleum Minister.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Afren
  • Chevron
  • Eni
  • ExxonMobil
  • Royal Dutch Shell
  • Total
  • MORE

Table: Headline Forecasts (Nigeria 2013-2019)

SWOT

Oil & Gas SWOT

Industry Forecast

Upstream Exploration

Latest Updates

Structural Trends
Table: Proven Oil and Gas Reserves (Nigeria 2013-2018)
Table: Proven Oil and Gas Reserves (Nigeria 2019-2024)

Upstream Projects
Table: Upstream Project Database

Upstream Production - Oil

The New Buhari Administration
Table: Oil Production (Nigeria 2013-2018)
Table: Oil Production (Nigeria 2019-2024)

Upstream Production - Gas

Factors Hampering Gas Production
Table: Gas Production (Nigeria 2013-2018)
Table: Gas Production (Nigeria 2019-2024)

Refining

Latest Updates

Structural Trends
Table: Refining Capacity and Refined Products Production (Nigeria 2013-2018)
Table: Refining Capacity and Refined Products Production (Nigeria 2019-2024)

Refined Fuels Consumption

Latest Updates

Structural Trends
Table: Refined Products Consumption- (Nigeria 2013-2018)
Table: Refined Products Consumption- (Nigeria 2019-2024)

Gas Consumption

Latest Updates

Structural Trends
Table: Gas Consumption (Nigeria 2013-2018)
Table: Gas Consumption (Nigeria 2019-2024)

Trade - Oil

Crude Oil

Latest Updates

Structural Trends
Table: Crude Oil Net Exports (Nigeria 2013-2019)
Table: Crude Oil Net Exports (Nigeria 2019-2024)

Refined Fuels

Latest Updates

Structural Trends
Table: Refined Fuels Net Exports (Nigeria 2013-2018)
Table: Refined Fuels Net Exports (Nigeria 2019-2024)

Trade - Gas (Pipeline and LNG)
Table: Gas Net Exports (Nigeria 2013-2018)
Table: Gas Net Exports (Nigeria 2019-2024)

Industry Risk Reward Ratings

Africa Oil & Gas Risk/Reward Index
Table: BMI's Africa Oil & Gas Risk/Reward Index

Above-Ground Risks Dulling Below-Ground Potential
Table: BMI's Africa Upstream Risk/Reward Index

Downstream Sector Holds Limited Opportunity
Table: BMI's Africa Downstream Risk/Reward Index

Nigeria - Risk/Reward Index

Market Overview

Nigeria Energy Market Overview

Overview/State Role

Fiscal Regime
Table: Nigeria- Fiscal Terms
Table: Nigeria- Licenses And Contract Terms

The New Buhari Administration

Licensing Rounds

Oil & Gas Infrastructure

Oil Refineries

Oil Terminals/Ports

LNG Terminals

Gas Pipelines

Competitive Landscape

Competitive Landscape Summary
Table: Key Players - Nigerian Oil & Gas Sector
Table: Nigeria Upstream Players
Table: Nigeria Downstream Players

Company Profile

Nigerian National Petroleum Corporation (NNPC)

Afren

ExxonMobil

Eni

Total

Chevron

Royal Dutch Shell

Other Summaries

Regional Overview

Africa - Bullish Gas, Bearish Oil

Glossary
Table: Glossary Of Terms

Methodology

Industry Forecast Methodology

Source

Risk/Reward Index Methodology
Table: Oil & Gas Upstream Risk/Reward Index
Table: Weighting

Note: Product cover images may vary from those shown
3 of 4

Nigerian National Petroleum Corporation (NNPC)
Afren
ExxonMobil
Eni
Total
Chevron
Royal Dutch Shell

Note: Product cover images may vary from those shown
4 of 4
Note: Product cover images may vary from those shown

PURCHASING OPTIONS

HAVE A QUESTION?

EMAIL US VIEW FAQs

RELATED PRODUCTS from Db

Our Clients

  • Nexen
  • Royal Dutch Shell PLC
  • Total S.A.
  • Ecopetrol S.A.
  • Petrobras
  • BG Group Plc.