Authors : U. Kenneth Nnadi and D. Cmilt
Abstract: The Nigerian petroleum industry was born in 1956 following the discovery of the first commercially viable oil well at Oloibiri, in today�s Bayelsa State. The country�s first refinery was founded in 1965, since which time refined products are transported domestically by road, rail, pipeline and waterway, although the rail system has been comatose since the military era that ended in 1999. The study had the objective of determining which mode-pipeline, road or waterway- is more important in domestic carriage of white products since 2000. Adopting the methodology of econometrics, data relating to total volume of products transported, in millions of cubic metres, were sourced from the pipelines and products marketing company, along with the corresponding modal distribution. Treated specifically to the analysis of variance technique, the results obtained were F* = 0.870843801 (observed) and F = 3.89 (theoretical), leading to the conclusion that all three modes are basically of equal impotance in their contributions to domestic conveyance of white products.
U. Kenneth Nnadi and D. Cmilt , 2007. Econometric Analysis of Domestic Transportation of Refined Petroleum Products in Nigeria. International Journal of Soft Computing, 2: 146-149.