guys out there i'm interested in d oil and gas business wot do i need to start d business??
I reside in phc and found this link quite intersting. I have been seeking to go into the energy sector for a while now and I using this opportunity to appeal to anyone with useful info to please help a brother out as I just got out of the Uni. Of Phc. I seek a mentor in that sector plus I have a couple of links that can be explored to achieve somethings. Thanks!
Just saw this thread and although it has been long running, I thought I could give an insight for the benefit of those who may still be looking at the thread.
There seems to be a general misconception about biz opportunities in the oil and gas sector with a lot of people thinking that oil and gas biz is only all about Crude and petroleum Products buying and selling.
There are a whole lot of other biz areas and categories in the oil and gas industry. With less risk exposure, Much more certainty, better biz structure and as profitable. And the good thing is they are under serviced and so has huge opportunities.
With the right information and guidance, you can easily establish yourselves in these biz and service areas for both upstream and downstream sector.
The fact still remains that a great % of crude and petroleum products mandates agents claim to be brokering are both fictitious and unattainable. With inflated and unrealistic profit margins unless of course you are playing with huge hard currency.
So guys if you are serious about doing straight up businesses in the oil and gas sector or you want to integrate your existing biz then try and find what suits you and seek the right guidance.
You can actually develop your existing line of biz to be able to operate in the oil and gas industry and become a player there rather than Divert away from your biz as you mentioned to do speculation.
If you got any serious questions about this or related issues text me on this 08177086096 and I will try and help out if my time permits. Cheers
A piece of advice for you man. When it comes to Oil and Gas, a lot of people will tell you what they think they know about it . Its big boy league man. Before dealing with anybody i will advice that you demand for proof from them showing that they have made money from Oil and Gas business.
If you live overseas and have real good connectiions with either Refineries or big time Traders of either Bony Light Crude Oil, or in D2 from Russia, then we could be in business.
I've got real proof that this business works. But you must not start first with your funds man until you have all the knowledge and experience required in this industry. The best is to start as a broker and learn the business.
I've been in it and know how the game is played here perfectly well.
I could help you out here on any info you might need.
AGO: Automotive Gas Oil (diesel)
Ideal capita"l: depends on what you want. N500,000 to N5million or more depending on which aspect of the downstream sector you want to go into. I got a comprehensive report that you can purchase if you want to go into it.
Or better still, we can partner together; if you are ready. Just indicate here and we will take it from there.
I am most interested in the mid-stream sub-sector. Indeed its encouraging to know that one can actually lease tank farms for one's bussiness. Can you kindly give me the costs, requirements and other details?
Thanks and God bless.
I can be contacted as follows; firstname.lastname@example.org, 07037240107, 08022050425.
There are several opportunities in the oil and gas industry. You can fit in anywhere within the 3 subscetors, upstream, midstream and downstream.
Midstream is almost impossible for individuals cos of the high capital requirement.
Mistream also requires a lot of capital but is more stable in terms of returns. This mainly deals with storage of petroleum products in large quality (milliions od liters) in what we call TankFarms. The average tank farm can cost up to 2Billion to build. However you can lease tank farms and then rent out making huge profits daily. The demand is there. Invest N100M and make N300M in 3 months.
Downstream has easier entry level. Thats distribution of the products. You can supply fuel (AGO especially) in tankers. You can build or rent filling stations etc. The marginal profit might be low but the frequency brings in amazing cashflow.
I am an oil^gas consultant
Oil and Gas Biz is cool and makes cool cash. I'm into it and I will encourage people to get into the business. I used to organize seminars on it but I've stopped. I have a book I can recommend. It is really good to have the book if you are interested in Oil and Gas. It exposes you to all you need to start the business and also contains contact numbers of Oil firms. If you need the book send me a mail on email@example.com
The answers on this thread amazes me.
You need information basically as a starter in oil and gas biz more importantly than the capital,
, what hapens when yu've got the right amt of cash and lack of info,
, and for the holy wood dreamers saying sow 100m and reap 300% in 3months is just fakish doesn't work that way
, i urge u to look for the right info o, threader, tk guys
The capital needed is relative depending on what scale you are talking about
The profit margin is usually small but the advantage is in the frequency. People use petroleum products daily.
If you wanna start with supplying one truck of A.G.O i.e 33,000litres, you'll need like 2.5million
If u just wanna be a broker, u dont need any licence cos ur not buying or selling directly.
(1)All you need is your registered company with C.A.C
(2)A business development agency agreement between you and your supplier prepared by a lawyer
(3)A proper m.o.u drafted by a lawyer between u and a direct supplier so he would pay you your agency fees.
(4) Contacts of real and serious buyers
cos there are a lot of jokers and time wasters in this biz
But if ur gonna be importing , buying in large quantities and storing @ d depot to sell,
U need a DPR certificate and import permit
Kindly explain in details your links n ACCRA or anywhere in Ghana am really interested in JET Oil 4 Aircraft BIZ,
When is the next Seminar and were is it taking place please inform.
Do anyone knows more details and info into OIL & GAZ biz kindly inform the house in full.
what are your contacts because in oil and gas biz u will need people to also need ur products, let me explain
chevron[/b]or some other oil related companies could require some stipulated qty of a certain product, hence they will scout for suppliers, now that is where u could come in[b] OR NNPC may want to sell their product at a cheap rate and with contacts (from people who know, example like me) you could get informed and make your purchases, and so and so the chain of biz keeps going
first of all you will need to know what area of oil nad gas biz u want to get involve with, maybe i could really help you with some options to choose from
1. leasing of marine equipments
2. buying oil products (AGO, PMS, DPK,CRUDE, HPFO, LPFO,LUBE OIL,HYDRAULIC OIL etc)
3. selling oil products (specific or general cargoes)
learn me know your interest i could really help you