JAMB - Economics (2014 - No. 32)
The loading of crude oil at the terminal is an activity in the
downstream sector of the oil industry
upstream and downstream sector of the oil industry
upstream sector of the oil industry
midstream and upstream sectors of the oil industry
Forklaring
The terms upstream and downstream oil and gas production refer to an oil or gas company's location in the supply chain. Upstream oil and gas production is conducted by companies who identify, extract, or produce raw materials.