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Liquified Petroleum Gas Bulk Storage And Marketing; The Feasibility Report

Liquified Petroleum Gas Bulk Storage And Marketing; The Feasibility Report

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Nigeria is said to be a gas country with an estimated reserves  of 182 trillion cubic feet ( tcf) as recently disclosed by the ministry of petroleum , however , the Nigerian LPG industry  has grown slowly even with the intervention of Nigeria Liquefied Natural Gas (NLNG) in terms of regular supply of domestic gas.

The Federal Government, at the last African Summit of the World LP Gas Association, made a pronouncement that Nigeria would develop cooking gas market from the current 150,000 metric tones to one million MT per annum by 2015 .

Description

Although, the market is currently fraught with decayed infrastructure, the five- year growth projection of the Federal Government, according to Gas master plan , will attract investment across the LPG value chain from storage, logistics, to filling plants and cylinders, among others.

The  low patronage of LPG can be trace to lack of infrastructure  in the distribution of LPG .Infrastructure such as refrigerated shuttling vessel  & Bulk storage facility are inadequate in comparism   to the  ratio of domestic consumption .

Investment  in LPG Bulk storage is one of the numerous investment opportunities in the LPG value chain as  sub- distributors  (  re-filling plant  owners)  with bullet truck must purchase from bulk traders .

This report envisages setting-up LPG Bulk Storage Tank Farm , marketing & distribution business in any costal city,    The proposed plant will have a storage capacity of  (1,500 tons),and will hold a capacity of 1200 tons/month  allocated by one of the LPG producers (NLNG) OR it Off-Takers and this allocated LPG will be sold to the marketing companies (refilling plant ) through their gas supplying trucks.

Table of Content

Table of Contents:

EXECUTIVE SUMMARY

1.0 Business Overview

1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Critical Success Factor of the Business
1.4 Current Status of Business
1.5 Description of the Business Industry
1.6 Contribution to Local and National Economy

2. Marketing Plan

2.1 Description of the Product
2.2 Product Packaging and Delivery
2.3 The Opportunity
2.4 Pricing Strategy
2.5 Target Market
2.6 Distribution and Delivery Strategy
2.7 Promotional Strategy
2.8 Competition

3. Production Plan

3.1 Description of the Location
3.2 Raw Materials
3.3 Production Equipment
3.4 Production Process
3.5 Production Cost
3.6 Stock Control Process
3.7 Pre-Operating Activities and Expenses
3.7.1 Operating Activities and Expenses
3.8 Project Implementation Schedule
4.0 Organizational and Management Plan

4.1 Ownership of the Business
4.2 Profile of the Promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of Salary Schedule

5. Financial Plan

5.1 Financial Assumption
5.2 Start-Up Capital Estimation
5.3 Source of Capital
5.4 Profit and Loss Analysis
5.5Cash Flow Analysis
5.6 Viability Analysis

6.0 Business Risk and Mitigation Factor

6.1 Business Risks
6.2 SWOT Analysis

Get This Report

Report Type: Feasibility Report
Formats of Delivery: MS WORD
No. of Pages: 60
Product Code: FORA/2014/3074841/0995663
Release Date: 21/01/2014; Updated Every 3- Months
Language: English
Delivery time: 24– 48hours

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