"downstream sector" is a correct and commonly used expression in written English.
It is typically used to refer to the portion of a business' operations that involve sales and distribution of products or services to the end customer. For example, "The company's downstream sector saw an increase in orders this quarter."
The downstream sector is very simple in Nigeria in that the refined gas is moved from one tanker to another, to a smaller tanker and then sold.
It will also extend its oil and gas capabilities from exploration and production to the downstream sector, as well as bring in new customers.
"He's made it clear that it's absolutely in the best interest of Nigerians to deregulate the downstream sector," meaning the retail sale of gasoline.
Will Chemicals Save The Downstream Sector?
The downstream sector of the energy business (refining, chemicals and marketing) has had to live with thin margins forever.
The petroleum sector is also marked with structural problems ranging from inadequate human capacity and domestic technology needed to manage the oil dynamics especially in the downstream sector.
Oil and gas ties have, over the past decade, moved far beyond simple transactions between buyers and sellers of energy to encompass developments across the upstream and downstream sectors.
"To maintain the traditional pricing system and normal market order and to hold a long-term friendly cooperation between the upstream and downstream sectors, Baosteel has settled 2008 benchmark iron ore prices with Rio Tinto after friendly negotiation," Baosteel said in an e-mailed statement.
Historically, midstream companies have been more insulated from the commodity price volatility that can impact the upstream and downstream sectors.
Starting form sugar industry, VPT was tested toward upstream and downstream sectors (respectively agriculture, and processing industry and retail).
Enhancement of regulation on upstream sectors (residential activities, manufacture and construction sectors) is as important as abatement measures taken on the downstream sectors.
