West Africa is the westernmost subregion of Africa that comprises of 18 countries: Benin, Burkina Faso, the
island nation of Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, the island of Saint Helena, Senegal, Sierra Leone, São Tomé and Príncipe and Togo. In West Africa, petroleum products are used across the entire economy in the region. Gasoline and diesel are the primary fuels used in road transport. Oil is used in power generation.
In order to grow the Nigerian and West Africa Petroleum sector, oil operators within the region should create the mindset of collaboration between indigenous companies and IOCs.
In this publication, we take a critical look on how Nigerian and West African Market can better compete in a weak and disruptive oil market.