Africa bucks global refining trend
Despite oil companies the world over mothballing old refineries and putting new projects on hold, there has been a recent bustle of activity in sub-Saharan Africa
Three countries—Congo, Angola and Nigeria—have seen the bulk of the activity. Congo (Brazzavile) is pressing ahead with a $600mn integrated export refinery and petrochemical complex, while Angola is building three new facilities and tripling gasoline production at its Luanda refinery. The Dangote Group expects the first phase of its 650,000bl/d Nigerian refinery—the continent’s largest—to be completed in January. Tendering is also under way for the long-awaited rehabilitation of Nigeria’s four state-owned facilities. A scattering of smaller, modular refineries are also in the works. “There has been a flurry of small African refining projects just as shutdown announcements of European and Ame
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