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.

Understanding Retail Models in Africa

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.

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.

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.

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.

The Present and Future of African Fuel Retail

The end of the mass-sale of the majors’ assets left space for smaller players and adjustments only. But fast-growing markets, driven by demand for transport fuels, vehicle fleet growth and population and urbanisation trends, opened opportunities for organic and small-scale inorganic (i.e. via acquisitions) growth of existing players and new entrants.

African Oil Product Specifications Outlook: Progress & Challenges

Across the globe, environmental issues are increasingly becoming the focus of civil society, companies and governments. In Africa, most of the discussions and progress have concentrated on changing specifications, particularly sulphur limits in gasoline and gasoil.

Crude Market Fireworks for 2019

The international crude oil market has suddenly become volatile than at any time in the past five years.