Africa’s So Called Refining Boom Has Come Very Late/Our Latest Issue - Africa’s premier report on the oil, gas and energy landscape.

Africa’s So Called Refining Boom Has Come Very Late/Our Latest Issue

The start-up of the Dangote Refinery in the east of Lagos in January 2024 and the likelihood of commissioning of Sonangol’s Cabinda refinery by July 2024 will not entirely make Africa self-sufficient in petroleum products supply. “The continent will remain a major importer of refined products in the foreseeable future due to the lack of new refining projects”, Anibor Kragha, Executive Secretary of the African Refiners and Distributors Association (ARDA), has said. “Because our demand in Africa is going to grow so much, we’re still going to have a shortfall,” he said.

From an intake of 350,000Barrels Per Day, Dangote was producing diesel, naphtha, jet fuel, and residual oil, as of February 5, 2024, while tests to determine if the supplies meet quality standards were in final stages. Angola’s Cabinda facility has a total capacity of 60,000BPSD, but only the first phase, at 30,000BPSD will come on stream in 2024. Apart from the Cabinda refinery, the Angolan government is also pursuing crude oil processing facility projects in Lobito in the coastal Benguela province and in Soyo, in Zaire province. For the Lobito refinery, the state hydrocarbon company Sonangol signed a memorandum of understanding, in October 2023, with China National Chemical Engineering (CNCEC), to construct a 200,000BPD plant. This project, then is still in the realm of paper work.

Geard Kreeft, the Dutch/Canadian economist who is a very significant member of the Africa Oil+Gas Report’s International Advisory Board, has put together an overview of the state of crude oi refining activity on the continent.   And there is more.

Read your copy here…

The Africa Oil+Gas Report is the primer of the hydrocarbon industry on the continent. It is the market leader in local contextualizing of global developments and policy issues and is the go-to medium for decision makers, whether they be international corporations or local entrepreneurs, technical enterprises or financing institutions. Published by the Festac News Press Limited since 2001, AOGR is a paid subscription, monthly hard copy and e-copy publication delivered around the world. Its website remains www.africaoilgasreport.com, and the contact email address is info@africaoilgasreport.com. Contact telephone numbers in the West African regional headquarters in Lagos are +2348124374087, +2348130733523, +2347062420127, +2348036525979, +2348023902519.

Editor

The Vol. 25, No. 2 (FEBRUARY 2024) edition of Africa Oil+Gas Report
is themed:

REFINING GAP ANNUAL 2024

Below is the link to your copy:

https://africaoilgasreport.com/wp-content/uploads/2024/02/AOGR-Volume-25-No2-FEBRUARY-2024.pdf
Some of the highlights:

 

 

COVER FEATURE

  • Africa’s Refining System: Half Full or Half Empty?
  • Nigeria’s Facilities Grab Export Market
  • New Timelines for NNPC Revamp
  • MAP of Africa’s Refining Capacity

IN THE NEWS

  • Absentee Landlords Threaten Uganda’s Oil Project
  • Angola in Crude Export Jump

WHO IS BUYING/SELLING?

  • M&P: The Contrast Between Gabon & Tanzania
  • Malabu On the Road to Settlement

C-SUITE SERIES/COVER INTERVIEW

  • Waltersmith: ‘The Industrial Park is Our Future’

SPREADSHEETS

  • Angolan Full Rig Activity Details, February, 2024
  • Nigerian Full Rig Activity Details, February, 2024
  • Nigerian Indigenous Producers: January 2024 Output

MAPS

  • Ghana E&P Map; Angolan Activity Map; Nigerian Independents; Marginal Fields Activity Map

Plus, the regular features; Nigerian Independents Output, Concession Status, Angolan Production by Companies, Petroleum Rights, etc.
Contacts: +2348028354297, +2348124374087, +2348038882629, +2348036525979

 

 

 

 

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