Living with the risk of daily oil price volatility on both crude oil and products is part of the life of any refinery. While margin risk can—and has—forced many refiners out of business, the process is generally a slow one.
Our upcoming webinar on Tuesday 30th June 2020 will discuss the effect of recent local and global developments on refining throughout Africa.
The authoritative reference publication on the refining industry in Africa
A Comprehensive Analysis of Sub-Saharan Africa’s Oil Downstream Developments
The African refining sector continues to evolve, with challenges encountered and opportunities seized. Headline projects, such as the 650,000 b/d Dangote refinery, have spurred new optimism in the sector.
What repercussions are the pandemic, low commodities prices and global recession already having on oil demand in Sub-Saharan Africa?
CITAC has selected Kpler, the leading provider of data-driven transparency solutions for commodity markets, as its exclusive provider for cargo-tracking data.
LPG consumption in SSA has experienced tremendous growth over the past 10 years, averaging a compound annual growth rate of 9.6%. Consumption has more than doubled since 2010, reaching 4.0mn mt in 2019.
Crude trading in West Africa has been battered over the past five years by shifts in trade patterns, low oil prices and now by rapidly changing relative values for crudes as new IMO rules for bunker fuels loom.