Strategic Value Analysis of Nigeria’s Refinery sector
- Autores: Chinedum Onyemechi, Abiodun Sule, Chinemerem Igboanusi
- Localización: Journal of maritime research: JMR, ISSN 1697-4840, Vol. 17, Nº. 1, 2020, págs. 39-42
- Idioma: inglés
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Resumen
he work applied digital competitive strategies applied to countries like the United States oil and gassector to forge a pathway for Nigeria’s Petroleum sector. An application of Strategic Value Analy-sis(SVA) was done on the Petroleum value chain with a view to define the current behavior of themarket. The following four basic questions of SVA analysis were applied in the course of the study: 1.Are there new or emerging players in my industry (within any portion of the value chain) that may bemore successful than existing players?; 2. Are these companies positioned in the value chain differentlyfrom current players?, 3. Are new market prices emerging across segments of the value chain?, 4. Arethese markets sufficiently deep to reflect arm’s-length trading?. If i used these market prices as transferprices in my company, would it fundamentally change the way that my major operating units behave?.The outcome was a complete disintegration of the entire Petroleum sector of Nigeria’s oil and gas valuechain. The emergence of new players was discovered and the patterns of these players completely dif-ferent from the majors were emphasized as the future pathway for the sector. New strategies for thedownstream sector were also recommended in the work
