African oil product supply chains: How to increase profitability through the application of best-in-class practises (September 2024)

16th-19th September 2024

Intense competition and razor thin margins put supply chain efficiency at the core of a profitable supply and distribution
business.
CITAC’s course ‘Solving Oil Product Supply Chain Challenges’ introduces analytical methods for identifying areas for improvement as well as covering industry best practise.

During this 4 day course, participants cover topics such as risk assessment, optimal product sourcing, contractual technicalities, KPI analysis and more, with case studies included to contextualise the knowledge.

• Assessment of the Market
  – International & African market developments
  – A focus on African oil product supply & demand
  – Oil market infrastructure in Africa
  – Key market players & strategies in Africa
  – Most common supply chains
• Supply Chain Strength
  – Supply & demand balancing
  – Volume vs margin
  – Demand planning
  – Inventory optimisation
  – Knowing your costs, capacity and capability
  – Risk assessment
  – Scheduling and replenishment planning
  – Profitability analysis

African Oil Market Fundamentals (October 2024)

15th – 17th October 2024

Major changes are sweeping across West Africa: exchange rate policy changes, subsidy withdrawal, specification changes and broader liberalisation. This course provides essential training to adapt to this new oil product trading environment. New opportunities are appearing – enhance your skillset to take advantage.

The course will cover:

• Global crude and products market fundamentals
  • Crude and products markets overview: supply, demand, flows
  • Supply and demand economics & market drivers
  • Understanding the market players & their roles
  • International trading of crude oil and crude evaluation
  • A non-technical introduction to refining
  • A Trader’s view of refining
  • Quality differences around the globe
• African price structures in an international context
  • Pricing in oil markets and price discovery
  • Pricing agencies
  • Benchmarks
  • Contract types, incoterms and issues
    – Spot / Term
    – Spot / Forward
    – FOB / CIF
  • Fixed versus floating
  • African pricing: benchmarks & differentials
  • Moving the oil (the shipping process)
  • Vessel types and standards
  • Understanding and calculating freight costs (Worldscale, Flat Rates, AFRA)
  • Price structures & regulatory distortions
  • Currency dynamics
  • Import parity pricing vs downstream pricing
• Operations
  • Chartering and charterparty basics
  • African refining landscape: new additions, Dangote
  • Importing products into Africa
  • Vessel scheduling & demurrage
  • Tenders (term and spot)
  • Pricing options
  • Credit
  • Inland logistics
  • Retail & B2B dynamics

Course consultant : Jeremy Parker, Senior consultant

Oil Product Trading & Operations (November 2024)

4th-8th November 2024

This five day course (in french) will cover and discuss the following topics:

• New market dynamics
  • Impact of Dangote refinery
  • Effect of new exchange rate regime
  • Rewiring of smuggled product
  • Introduction of new product specifications

Evaluation of Investments in Clean Cooking in Sub-Saharan Africa (November 2024)

18th-21st November 2024

This three day course (in french) will cover and discuss the following topics:

25-26 April 2024

The African Downstream Landscape

Africa’s growing population and economies raise critical questions about how the rising energy requirements will be met.

Energy transition, LPG investment, refining, storage, product flows and supply chain challenges are issues that affect all players in the downstream.

CITAC’s interactive workshops on the African downstream energy sector will provide you with actionable insights and discussions to enable you to be an active player in these dynamic developments, discussing business cases and covering topical subjects such as:

• Understanding carbon offsetting in an African context
• Infrastructure debottlenecking and transport emissions management in sub-Saharan Africa
• Improve your P&L via supply chain benchmarking
• How refinery projects are reshaping trade flows across sub-Saharan Africa
• Strategies for minimising shipping costs

You will learn about refining, distribution, marketing and financing developments in the African downstream energy sector and will share experiences with pan-African and international companies.

The CITAC African Downstream Workshops offer you an unparalleled forum for networking with key players in the sector, including refiners, marketers, national oil companies, regulators, international and local traders, banks, storage and distribution companies, and more.

Are you looking for a particular type of training that’s not on our schedule?

We can collaborate with you to create a unique programme that contains all the answers to your questions about operating successfully in the African downstream energy market.

Our highly experienced trainers are able to create theoretical, practical and interactive training courses to build your team’s capacity. Our wide-ranging expertise covers Africa and global trading, operations, supply chain, LNG, shipping, finance and more.

We can also run any of our regular courses in-house or for you or to any location you choose or online, saving you time, money and travel.

Our areas of expertise :

• Fundamentals of Oil Trading
• Oil Trading Risk Management
• Oil Trading and Operations
• Product Supply Chain Challenges
• LNG
• Price Structures
• Freight Markets
• Demurrage