A Comparative Analysis of Analog and Digital Gantries in Nigeria’s Hydrocarbon Depot Management

CC Ikeogu, PC Ugboaja, MS Stephens, WI Ukpere

Abstract


This study is focused on the comparative study of a Nigerian Independent Petroleum Company (NIPCO) digital depot operation and Consolidated Oil (CONOIL) analog depot operation in petroleum product supply chain. The analytical tools used in this study are; DEA Model and Censored Normal Regression Analysis. Censored Normal Regression Analysis was used to analyse the relationship between depot output (ullage savings) and gantry time. The result of the study suggests the following: Firstly, NIPCO is relatively more efficient than CONOIL. Secondly, the coefficient of gantry time is negatively related to output. This implies that increasing gantry input (time) will reduce the productivity of the depot output and vice versa.

DOI: 10.5901/mjss.2013.v4n14p591


Full Text: PDF

Licenza Creative Commons
This work is licensed under Creative Commons Attribution 3.0 License.

Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

Copyright © MCSER-Mediterranean Center of Social and Educational Research

To make sure that you can receive messages from us, please add the 'mcser.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders..