African Downstream Market Presented at UNCTAD’s Africa – OGTF Conference Nairobi, Kenya May, 2007 NOT AN OFFICIAL UNCTAD RECORD
Refineries in Africa
1. African Market Growth
Oil Products Demand in Africa Oil products demand in Africa accounted for 3.5% of global demand in 2006 Data difficult to collect, big delays in data availability; only annual data (except South Africa) Total oil products demand in SSA in 2005 = 120 million MT (2.6 million b/d), growing by 5.3% y/y ( )
Oil Products Demand in Africa
2. Refining Margins
Refining Margins from a Conversion Refinery: Europe
Refining Margins: Europe, Cracking
Refining Margins on Crude Distillation: Europe
Refining Margins: Europe, Hydroskimming
3. Necessity for Investment
Refineries in Africa
Possible African Refining Developments: Sonangol’s Lobito refinery project (200,000 b/d); TOR in Ghana planning second topping and RFCC units; SIR Abidjan, 1 million mt/yr debottlenecking; SoNaRa announced refinery expansion; Possibilities of new refineries in Nigeria; Possible new refinery in Port Sudan; Plans for expansions and new refineries in Algeria, Libya, Tunisia, Egypt.
THANK YOU FOR YOUR ATTENTION CITAC Africa LLP Belgrave House 76 Buckingham Palace Road London SW1W 9TQ UK Tel.: +44(0) Fax: +44(0) Website: