PORT PERFORMANCE AND CRUDE OIL EXPORT LOGISTICS SYSTEM DISTRIBUTION IN NIGERIA
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Port Performance and Crude Oil Export Logistics System Distribution in Nigeria. Crude oil export is a resource that provides essential building blocks for economic development and prosperity for Crude oil exporting countries (COECs). Previous research found information flow been significant for logistics and supply chains sustainability. In the current low price environment, key COECs experienced recession, especially brought by the 2014 oil price crash. Obviously, performance of export terminals is vital to maintain competitive advantage. Nigeria’s reputation in the global oil market suffers due to avoidable delay arising because cargoes for tankers are occasionally disrupted through shutdown due to pipeline leaks or sabotage. In addition, when prices are relatively high an evolving energy transition scenario reveals a global shift in demand away from traditional fossil fuel to gas, and increasingly, reducing global demand for fossil fuels. The study was guided by a pragmatic philosophy, commencing with scoping interviews and mixed methods that embraced different analytical techniques. First, a model of key strategies to model port performance. Supply chain management (SCM) concepts were not fully understood by low-cost producers’ and the Nigerian National Petroleum Corporation (NNPC). International oil companies (IOCs operate more effectively than Indigenous companies and NNPC needs to review its business model. Analytical Hierarchy Process (AHP) group decision makers scored the information sharing and synergy between supply chain actors’ strategy to be highest at 22.85%. Investment and security are topical in Nigeria because of inadequate investment in the pipeline automation security system, dredging, security platform and capability, metering systems and information communication technology. Improved port security encompass anti-piracy laws, private maritime security companies. The Petroleum Industry Bill (PIB) remains a key concern for all stakeholders, particularly concerning investment and information sharing networks. Policy contribution includes the use of reliable and accurate metering systems for bill of lading figure. Theoretical contribution revealed template analysis being a rare technique. In addition, weather friendliness has been found to be effective for seamless logistics operations as a resource base view strategy for Nigeria.
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