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Oil & Gas in Nigeria

Oil & Gas in Nigeria

Summary

Oil & Gas in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Nigeria oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

  • The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.
  • The Nigerian oil & gas market had total revenues of $4.7bn in 2016, representing a compound annual rate of change (CARC) of -18.8% between 2012 and 2016.
  • Market consumption volume increased with a compound annual growth rate (CAGR) of 4.7% between 2012 and 2016, to reach a total of 0.2 billion BOE in 2016.
  • With crude oil prices expected to recover somewhat in the coming years and volume demand remaining more or less the same, the value of the Nigerian market should certainly see strong growth in the coming years. Nevertheless one should remain cautious about growth in the Nigerian market taking into account the rebel group ‘Niger Delta Avengers’ who have been responsible for a series of attacks on Nigeria’s oil and gas pipeline networks in 2016 and 2017. If the security situation worsens in the coming years, which is a possibility, then the Nigerian oil and gas market could potentially suffer low or even negative growth.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Nigeria
  • Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria oil & gas market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the Nigeria oil & gas market by value in 2016?
  • What will be the size of the Nigeria oil & gas market in 2021?
  • What factors are affecting the strength of competition in the Nigeria oil & gas market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Nigeria's oil & gas market?


Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Chevron Corporation
Exxon Mobil Corporation
Nigerian National Petroleum Corp
Royal Dutch Shell plc
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Nigeria oil & gas market value: $ billion, 2012–
Table 2: Nigeria oil & gas market volume: million BOE, 2012–
Table 3: Nigeria oil & gas market category segmentation: $ billion,
Table 4: Nigeria oil & gas market geography segmentation: $ billion,
Table 5: Nigeria oil & gas market value forecast: $ billion, 2016–
Table 6: Nigeria oil & gas market volume forecast: million BOE, 2016–
Table 7: Chevron Corporation: key facts
Table 8: Chevron Corporation: key financials ($)
Table 9: Chevron Corporation: key financial ratios
Table 10: Exxon Mobil Corporation: key facts
Table 11: Exxon Mobil Corporation: key financials ($)
Table 12: Exxon Mobil Corporation: key financial ratios
Table 13: Nigerian National Petroleum Corp: key facts
Table 14: Royal Dutch Shell plc: key facts
Table 15: Royal Dutch Shell plc: key financials ($)
Table 16: Royal Dutch Shell plc: key financial ratios
Table 17: Nigeria size of population (million), 2012–
Table 18: Nigeria gdp (constant 2005 prices, $ billion), 2012–
Table 19: Nigeria gdp (current prices, $ billion), 2012–
Table 20: Nigeria inflation, 2012–
Table 21: Nigeria consumer price index (absolute), 2012–
Table 22: Nigeria exchange rate, 2012–
List of Figures
Figure 1: Nigeria oil & gas market value: $ billion, 2012–
Figure 2: Nigeria oil & gas market volume: million BOE, 2012–
Figure 3: Nigeria oil & gas market category segmentation: % share, by value,
Figure 4: Nigeria oil & gas market geography segmentation: % share, by value,
Figure 5: Nigeria oil & gas market value forecast: $ billion, 2016–
Figure 6: Nigeria oil & gas market volume forecast: million BOE, 2016–
Figure 7: Forces driving competition in the oil & gas market in Nigeria,
Figure 8: Drivers of buyer power in the oil & gas market in Nigeria,
Figure 9: Drivers of supplier power in the oil & gas market in Nigeria,
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Nigeria,
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Nigeria,
Figure 12: Drivers of degree of rivalry in the oil & gas market in Nigeria,
Figure 13: Chevron Corporation: revenues & profitability
Figure 14: Chevron Corporation: assets & liabilities
Figure 15: Exxon Mobil Corporation: revenues & profitability
Figure 16: Exxon Mobil Corporation: assets & liabilities
Figure 17: Royal Dutch Shell plc: revenues & profitability
Figure 18: Royal Dutch Shell plc: assets & liabilities

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