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Title: Nigeria: after crude, the gas (in French)

Abstract

Misinterpretation of the laws of the marketplace have already brought Nigeria to the brink of a catastrophe in 1978, when the government had built up heavy stocks expecting a substantial increase in price. When it did not materialize and the production had to be dropped to 50% of the previous rate, in a country where crude constitutes 90% of the export revenues, the system was changed. The new plan is intended to reduce the dependence of Nigeria on oil exports. The production rate is set at between 2.2 and 2.5 million bpd. Due to a significant increase in domestic demand, the 2 existing refineries cannot fill the gap; 2 more refineries are planned. There also are substantial gas reserves; the associated gas, now flared, is to be recovered. A gas liquefaction plant also is in operation, with one-half of the output going to Europe and one-half to the US. Some of the oil and gas is earmarked for local petrochemical plants.

Publication Date:
OSTI Identifier:
5287643
Resource Type:
Journal Article
Journal Name:
Ind Petrol Gaz-Chim; ()
Additional Journal Information:
Journal Volume: 48:525
Country of Publication:
United States
Language:
French
Subject:
02 PETROLEUM; 03 NATURAL GAS; 29 ENERGY PLANNING, POLICY AND ECONOMY; LIQUEFIED NATURAL GAS; EXPORTS; NATURAL GAS; ENERGY POLICY; NIGERIA; PETROLEUM REFINERIES; PETROLEUM; PLANNING; ASSOCIATED GAS; ENERGY DEMAND; EUROPE; LNG PLANTS; PETROCHEMICAL PLANTS; PRODUCTION; RECOVERY; USA; AFRICA; CHEMICAL PLANTS; DEMAND; DEVELOPING COUNTRIES; ENERGY SOURCES; FLUIDS; FOSSIL FUELS; FUEL GAS; FUELS; GAS FUELS; GASES; GOVERNMENT POLICIES; INDUSTRIAL PLANTS; LIQUEFIED GASES; NORTH AMERICA; 020700* - Petroleum- Economics, Industrial, & Business Aspects; 030600 - Natural Gas- Economic, Industrial, & Business Aspects; 030400 - Natural Gas- Products & By-Products; 294002 - Energy Planning & Policy- Petroleum; 294003 - Energy Planning & Policy- Natural Gas; 293000 - Energy Planning & Policy- Policy, Legislation, & Regulation

Citation Formats

. Nigeria: after crude, the gas. United States: N. p., 1980. Web.
. Nigeria: after crude, the gas. United States.
. 1980. "Nigeria: after crude, the gas". United States.
@article{osti_5287643,
title = {Nigeria: after crude, the gas},
author = {},
abstractNote = {Misinterpretation of the laws of the marketplace have already brought Nigeria to the brink of a catastrophe in 1978, when the government had built up heavy stocks expecting a substantial increase in price. When it did not materialize and the production had to be dropped to 50% of the previous rate, in a country where crude constitutes 90% of the export revenues, the system was changed. The new plan is intended to reduce the dependence of Nigeria on oil exports. The production rate is set at between 2.2 and 2.5 million bpd. Due to a significant increase in domestic demand, the 2 existing refineries cannot fill the gap; 2 more refineries are planned. There also are substantial gas reserves; the associated gas, now flared, is to be recovered. A gas liquefaction plant also is in operation, with one-half of the output going to Europe and one-half to the US. Some of the oil and gas is earmarked for local petrochemical plants.},
doi = {},
url = {https://www.osti.gov/biblio/5287643}, journal = {Ind Petrol Gaz-Chim; ()},
number = ,
volume = 48:525,
place = {United States},
year = {Sat Nov 01 00:00:00 EST 1980},
month = {Sat Nov 01 00:00:00 EST 1980}
}