Industry Insights
April 2022
The Future of Refining and Storage in South Africa
The refining sector in South Africa has changed significantly in the past five years. In 2018, South Africa’s refineries produced 21.8mn mt of products and in 2022, this is forecast to be only 10.9mn mt.
Industry Insights
January 2022
A Biofuel Perspective for Africa
Sub-Saharan Africa’s oil product storage landscape is highly diverse, with both state and private players as well as ageing and state of the art facilities.
Industry Insights
July 2021
Key Building Blocks of a Best-in-Class Oil Product Supply Chain
Sub-Saharan Africa’s oil product storage landscape is highly diverse, with both state and private players as well as ageing and state of the art facilities.
Industry Insights
April 2021
Oil product storage in Sub-Saharan Africa: Evolution and outlook
Sub-Saharan Africa’s oil product storage landscape is highly diverse, with both state and private players as well as ageing and state of the art facilities.
Industry Insights
October 2020
Understanding LPG pricing along the value chain in Africa
LPG is the fastest-growing oil product in Africa and in CITAC’s view its future growth path is relatively clear of downside risks.
Industry Insights
August 2020
Managing the refinery risk of price volatility
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.
Industry Insights
January 2020
LPG uptake strategies in Sub-Saharan Africa
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.
Industry Insights
October 2019
Crude Oil Pricing in West Africa
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.