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.
Industry Insights
July 2019
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.
Industry Insights
April 2019
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.
Industry Insights
January 2019
Crude Market Fireworks for 2019
The international crude oil market has suddenly become volatile than at any time in the past five years.
Industry Insights
October 2018
MARPOL 2020 and Africa
CITAC studies the impact on refiners, shipping and the bunker supply chain of the introduction of global low sulphur bunkers for shipping.
Industry Insights
July 2018
The African retail sector: Challenges & opportunities
The oil product retail sector in Africa has undergone big changes over the course of the past 20 years.