The oil and gas industry is a pillar of the Nigerian economy and a major factor in its world standing. A member of OPEC, Nigeria is responsible for 8.24% of the organisation's overall production. Total has been a partner from the very start in the development of oil and gas in Nigeria, carrying both Upstream and Downstream activities. Our various stakes in Nigerian projects reflect our long-term commitment to sustainable development of the country's economy, infrastructure and communities.
Total Upstream
Total Upstream has been serving the Nigerian hydrocarbons industry for nearly half a century, in partnership with the Nigerian government and in different equity associations with other private companies. Our company is the country's fourth-largest oil and gas producer through its involvement in more than 50 permits, including nine as operator.
Total Nigeria PLC
Incorporated as a private company in 1956, Total Nigeria PLC became public in 1978, and is today quoted on the Nigeria Stock Exchange. Its principal activity is marketing of petroleum products and Liquefied Petroleum Gas, however the company has diversified into the marketing of non-fuel products, through two channels: the Network and General Trade. Since its first Filling Station at Herbert Macaulay Street, Yaba Lagos in 1956, the Company has expanded its business through a network of over 500 retail outlets, corporate customers and organisations that are served through six regions.
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Total Nigeria PLC, a unique position in the Nigerian Oil and Gas industry
- A network of 500 retail outlets in six Regions : Lagos, Mid-Western, Eastern, Far North, North- Central and Western.
- Bulk storage facilities at Apapa, Ibafon, Kano, Kaduna and Bukuru Depots.
- 3 Lubricants Blending Plants at Koko in Delta State, at Kaduna in Kaduna State and Apapa in Lagos State.
- 10 Liquefied Petroleum Gas (LPG) bottling plants and a coastal storage in Apapa, Lagos.
- One of the two larger suppliers of JET A1 fuel to the Aviation Industry in Nigeria at Lagos Airports (Domestic and International), Kano, Abuja and Port Harcourt Airports.
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Strong standing today and tomorrow
The nation's current potential output of over 2 million barrels of oil per day places Nigeria among the world's top ten producers. Nigeria's crude oil, produced in seven grades, is prized for its quality. Recoverable reserves, which represent approximately 40 years of production at present potential production rates, are the world's largest. And the country's natural gas potential is more striking still, with estimated reserves of over 2000 billion cubic metres.
Providential geology
The oil industry is concentrated in Nigeria's Delta region for the simple reason that this is where all the oil and gas deposits are located. The Niger Delta's sedimentary basin, made of deposits transported by the river for millions of years, is one of the world's most extensive oil traps. It occupies an area of over 75,000 sq. km. The continental section of the Delta and its extension into conventional offshore tracts contain 85% of the country's current oil and gas reserves; the remaining 15% are buried deep offshore, at depths of 500 m under water.
Oil exploration dates back to 1908, and was interrupted by the First World War. Exploration was resumed in 1937. Oil was first discovered in 1958. Nigeria joined OPEC in 1971 and formed the Nigerian National Oil Company, renamed the Nigerian National Petroleum Corporation (NNPC) in 1977. This company operates either alone or in joint venture with major foreign oil companies. There are four refineries at present in Nigeria: two in Port Harcourt and one each in Warri and Kaduna. |
