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Get PriceAug 02, 2016Crude handling cost, which covers the cost of crude transportation and terminaling, constitute significant chunk of operating cost for most EP companies in Nigeria. With an average contractual price of $3.5 per barrel of wet crude and $2.81 per barrel of dry crude, driving down this cost element underpins a significant cost saving for any EP
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Get PriceMar 19, 2016(2) XYZ's opportunity cost of producing a unit of cars is 1.25 units of planes. 1 car = 15 days = 1.25 planes (3) ABC's opportunity cost of producing a unit of planes is 1.25 units of cars. 1 plane = 10 days = 1.25 cars (4) XYZ's opportunity cost of producing a unit of planes is 0.8 units of cars. 1 plane = 12 days = 0.8 cars
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