Overview:

Summary
 
 Generally a refinery needs maintenance every two years but in Nigeria the refineries have been operating for more than five years without maintenance. This has led to many unplanned shutdowns or breakdowns of refineries in Nigeria. Further, militancy in Nigeria has also taken its toll on the oil refining industry.
 
 Scope
 
 -GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the oil and gas industry across the world.
 
 Reasons to buy
 
 -Develop business strategies with the help of specific insights from GlobalData on the key events happening in the oil and gas industry.
 -Gain a strong understanding of the energy market and analyze the major trends in the global oil and gas industry today
 -Identify opportunities and challenges with the help of our analysis of the latest news and deals in the oil and gas industry
 -Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events

 1 Table of Contents 2
 1.1 List of Tables 3
 1.2 List of Figures 4
 2 GlobalData Viewpoint 5
 2.1 Summary 5
 3 Nigeria is Unlikely to Find Buyers for its Ailing Refineries 6
 3.1 Nigeria Plans to Revive its Refining Sector through Privatization 6
 3.2 Nigeria Faces Several Problems in its Move to Privatize Refineries 7
 3.3 Nigeria Needs to Build Investor Confidence to Privatize its Refining Sector 8
 3.4 Conclusion 8
 4 Recent Developments 9
 4.1 Mar 01, 2009: Nigeria To Sell Four Oil Refineries For Raising Funds 9
 4.2 Feb 24, 2009: Nigeria Imports 85% Of Its Petroleum Product Needs 9
 5 Appendix 11
 5.1 Methodology 11
 5.1.1 Coverage 11
 5.1.2 Secondary Research 12
 5.1.3 Primary Research 12
 5.1.4 Expert Panel Validation 13
 5.2 Contact Us 13
 5.3 About GlobalData 13
 5.4 Disclaimer 13
 
 1.1 List of Tables
 Table 1: Nigeria, Refining Capacity (MMTPA), 2008 6
 
 1.2 List of Figures
 Figure 1: Nigeria, Refining Capacity (Thousand Barrels per Day) vis-à-vis Product Consumption and Import (Thousand Barrels per Day), 2007 7
 Figure 1: GlobalData Methodology 11