How To Obtain Crude Oil Marketing License In Nigeria.
Are you interested in becoming a crude Oil marketer in Nigeria, a leading member of OPEC with current production of crude oil puts at about 2million barrel per day?
If yes, then read further because in these article you will discover information that will help you become a crude oil marketer and make millions of Dollars.
The oil industries in Nigeria have for long been dominated by some very few companies and individuals in the country and others from countries like UK and America.
Recently I deed an inquiry and discovered that the crude oil sector in the country is not restricted to some few individuals/companies alone; there is room for others to come in the industry. But they some laid down procedures or requirement that prospective crude oil marketers must meet before they are granted permission by the agency of government responsible for petroleum matters in Nigeria.
The agency of government responsibly for petroleum matters in Nigeria is NNPC. It is NNPC alone that has the statutory responsibility to issue out licenses for crude exploration/refining. It also regulates and control activities in the entire petroleum sector in Nigeria.
Therefore, to be an eligible applicant for crude oil marketing license, you must fulfill following requirement laid down by Nigeria National Petroleum Corporation (NNPC). Below are
REQUIREMENTS OBTAINING CRUDE OIL MARKETING LICENSE.
To become a crude oil marketer in Nigeria you must show real interest in the oil sector and also have the required capital, equipment and human resource required achieving success in the crude oil marketing business.
You can also apply to become a crude oil marketer if already you have obtained crude oil prospecting license.
To apply for crude oil marketing license, your oil marketing Company must have a refinery either in Nigeria or outside the country.
Your company must be a high volume oil and gas trading outfit with global network and must have handled large volume of crude oil at least in the past 3years.
And above all your crude oil marketing company must have an annual turnover of about 100Million Dollars and above.
You company must be in the net worth of least 40Million Dollars.
Also, successful companies must show commitment towards the development of the country.
To start the registration process for obtaining crude oil marketing license in Nigeria here is the contact address of the Group General Manager Crude Oil Division of NNPC
NNPC OFFICE ADDRESSES
Herbert Macaulay Way,
Telephone: +234 9 234 8237
Fax: +234 9 413 0198
The General Manager
NNPC London Office
Tel: +44 20 8735 9600
Fax: +44 20 8748 1015.
Also, to know more about the activities of NNPC in Nigeria please visit NNPC Official Website