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ESTABLISHING A LIQUIFIED PETROLEUM GAS {LPG} FILLING PLANT IN NIGERIA: THE FEASIBILITY REPORT

Home >> Market Research Reports >> ESTABLISHING A LIQUIFIED PETROLEUM GAS {LPG} FILLING PLANT IN NIGERIA: THE FEASIBILITY REPORT

ESTABLISHING A LIQUIFIED PETROLEUM GAS {LPG} FILLING PLANT IN NIGERIA: THE FEASIBILITY REPORT
Market Research Report

Product Code: OILDEALS01
Publication Date: 2010-08-01
Delivery: Within 72 hours of payment confirmation
Publisher: Fatdeo & associate ltd
Product Type: Feasibility Report
Pages: 50
  ELECTRONIC {MS WORD, PDF}  $150.00  
  HARDCOPY $150.00  
  CD ROM $0.00  
     
 
     
  • Description
  • List of Tables
  • Table of Figures
  • Related Products
  • Table of content
  • Pay in Naira

Liquefied petroleum gas {LPG} is a flammable mixture of hydrocarbon gases used as a fuel in heating appliances and vehicle. LPG is synthesized by refining petroleum or “wet” natural gas, and is almost derived entirely from fossil fuel. Being manufactured during the refining of crude oil, or extracted from petroleum or natural gas streams as they emerge from the ground.

Liquefied petroleum gas, or LP gas is one of the most common alternative fuels used in the world today. In fact, in many places, it isn’t an alternative fuel at all. LP gas is the mainstay for heating and cooking in certain areas of India and some rural areas of the United States.

With less than one kilogramme per capita consumption, Nigeria ranks among the lowest liquefied petroleum gas consuming states in Africa despite its huge gas resources.

Nigeria currently consumes about 70,000 MT per annum and has about 130 LPG plant and 7,000 retailing outlet scattered across the federation.

However ,with a huge gas reserve of 185 trillion cubic feet and government’s strong commitment to increase the local consumption of liquefied petroleum gas from 70,000 MT per annum, where it present stands, to 1,000,000 MT annually by 2015, opportunities are emerging for the establishment of liquefied petroleum gas plants in Nigeria.

Though LPG is mostly used by enlightened populace in Nigeria, the market is National. With a population of over 140 million people, estimated national population growth rate of 5.7% per annum and an average economic growth rate of 3.5 % in the past five {5} years, Nigeria has a large ,expanding and sustainable market for liquefied petroleum gas.

The report would enable you to 

  1. Make strategic decisions using our in-depth analysis, historical and forecasted data on LPG market in Nigeria.
  2. Evaluate pros and cons of investing in the country’s LPG market.
  3. Identify potential investment opportunities present across the LPG value chain in Nigeria.
  4. Understand the legal requirements of starting liquefied petroleum gas filling plant business in Nigeria.
     

Table 1: Local production of LPG 

Table 2: LPG produced

Table 3: LPG uplifted by marketing companies

Table 4: LPG Distribution process

Table 5: Plant and machinery

Table 6: Human resource requirement

Table 7: Working capital requirement

Table 8: Cost of capital

Table 9: Summary of key assumptions  

Figure 1: Production process flow diagram     


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1.      PROJECT PROFILE

1.1  OPPORTUNITY RATIONALE

1.2Project Brief

1.3Market Entry timing

1.4Proposed business legal state

1.5Proposed LPG filling Plant Capacity

1.6Project Cost

1.7Project Investment

1.8Recommended Project parameters

1.9Proposed Location

1.10Key Success factors & practical ties

2.   Sector & Industry Analysis

2.1Sector Overview

2.2Sector Characteristic

2.21Production

2.22Product pricing

2.23Demand

2.24Threats to this Industry

2.25Environmental & Protection Aspect

2.26DPR Standard and compliance issue

22.7DPR Requirement for provisional license

2.29Conditions for transport of commercial L&G

3.1Current Market

3.2             Market Potential

3.3Local Production of LNG

3.31LPG Produced

3.32LPG uplifted by marketing companies

4.   LPG Distribution process

4.1Production process of LPG

4.2Raw material requirement

4.3Technology Options

4.4Plant and Marketing requirement

4.5Plant & Machinery Maintenance

5    Land & building requirement

S.1Site development

S.2Land requirement for plant

S.3Building construction cost

6.   Human Resource requirement

7.1Experience

7.2Financial Analysis & Reg Assumption

7.3Land & Building plant & office

7.4Plant and office furniture

7.5Depreciation treatment

7.6Utilities

7.7Working Capital requirement

7.8Vehicle for support

7.9Selling & Distribution Expenses

7.10Miscellaneous Expenses

7.11Transportation Expenses (Truck Expenses)

7.12LPG Inventory

7.13Revenue Projections

7.14Account Receivables

7.15Financial Charges

7.16Taxation

17.18Cost of Capital

ANNEXURES

Summary of key Assumption

Cost & revenue sheet

Project Income Statement

Project cash flow statement

Projected balance sheet.

Are you interested in purchasing this report? Please do contact us at reports@nigeriaoilandgasportal.com or on 08033782777 on how to pay for the report.