"Ranked: 5 African Countries With The Highest Number Of Refineries"

" Ranked: 5 African Countries With The Highest Number Of Refineries \r\n \r\n\r\nThe continent's lack of functional refineries has resulted in a heavy reliance on imported refined petroleum products, costing Africa billions of dollars annually and significantly impacting its economies.\r\n\r\n \r\n \r\n \r\n \" alt=\"Africa's combined oil production capacity in the stood at 7.2 million barrels of oil per day in 2023\" width=\"790\" height=\"395\" data-original=\"https:\/\/ocdn.eu\/pulscms-transforms\/1\/I3aktkuTURBXy81YmE3MzgxZS05YjM1LTRjMmItOWVlMy02ZjM2NmEyNjFlNTQuanBlZ5KVAwAAzQu4zQXclQLNAxbNAYvCww\" \/> \r\n Africa's combined oil production capacity in the stood at 7.2 million barrels of oil per day in 2023 \r\n \r\n \r\n \r\n \r\n\r\nCurrently, the\u00a0 combined oil production capacity in the continent stood at 7.2 million barrels of oil per day in 2023., however, the refining capacity of African refineries has not been able to bridge the fuel supply gap in the continent.\r\n\r\n \r\n \r\n\r\nAs of August, Nigeria alone\u00a0 spent $600 million monthly \u00a0on fuel imports.\r\n\r\n \r\n \r\n\r\nOver the years, some countries have taken bold steps to fix their refineries while some individuals have taken the rather audacious steps to build private refineries.\r\n\r\n \r\n \r\n\r\nAccording to Refineries Watch 2024 (Report) published by\u00a0 Hawilti , apart from refined oils, refineries in Africa contribute a whole lot to regional security.\r\n\r\n \r\n \r\n \r\n \" alt=\"Africa has shown commitment to reducing its reliance on fuel imports and achieving energy self-sufficiency.\" width=\"790\" height=\"453\" data-original=\"https:\/\/ocdn.eu\/pulscms-transforms\/1\/I4vktkpTURBXy8xYzE4YzVmMTZkY2YzODI3ODAyMmFmYzg3NGM5YTlhMi5qcGeSlQMAAM0ILc0EsJUCzQMWzQHFwsM\" \/> \r\n Africa has shown commitment to reducing its reliance on fuel imports and achieving energy self-sufficiency. \r\n \r\n \r\n \r\n \r\n\r\n \u201cThe strategic importance of refineries in Africa cannot be overstated. These facilities not only process crude oil into essential products like gasoline, diesel, and jet fuel but also contribute significantly to regional energy security and economic development .\u201d the report noted.\r\n\r\n \r\n \r\n\r\nThis dependency on imports also exposes African economies to the volatility of global oil prices, geopolitical conflicts, and supply chain disruptions, exacerbating economic instability.\r\n\r\n \r\n \r\n\r\nThe recent commencement of Nigeria\u2019s Port Harcourt refinery, along with government support for establishing modular refineries, underscores Africa's commitment to reducing its reliance on fuel imports and achieving energy self-sufficiency.\r\n\r\n \r\n \r\n\r\nAccording to the Refinery Watch 2024 report, the table below presents the location of several refineries in Africa and their host nations.\r\n\r\n \r\n \r\n \r\n \r\n \r\n S\/N: Countries \r\n Nigeria \r\n Ghana \r\n South Africa \r\n Angola \r\n Sudan \r\n \r\n \r\n \r\n \r\n 1 \r\n PH \r\n Tema \r\n ENGEN \r\n Luanda \r\n Port Sudan \r\n \r\n \r\n 2 \r\n Warri \r\n Platon Gas \r\n SAPREF \r\n Cabinda \r\n Al Jaili \r\n \r\n \r\n 3 \r\n Kaduna \r\n Akwaaba \r\n CALTEX \r\n \r\n \r\n \r\n \r\n 4 \r\n Ogbede \r\n Sentuo \r\n NATREF \r\n \r\n \r\n \r\n \r\n 5 \r\n Ibigwe \r\n \r\n Mossel Bay \r\n \r\n \r\n \r\n \r\n 6 \r\n Edo \r\n \r\n \r\n \r\n \r\n \r\n \r\n 7 \r\n OPAC \r\n \r\n \r\n \r\n \r\n \r\n \r\n 8 \r\n Duport \r\n \r\n \r\n \r\n \r\n \r\n \r\n 9 \r\n Dangote \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\nSeveral African countries, including Zambia, Senegal, C\u00f4te d\u2019Ivoire, Niger, Liberia, and DR Congo, currently operate only one refinery each. Additional nations such as Chad, Gabon, Cameroon, Congo, and Kenya are also part of the continent\u2019s refining landscape.\r\n\r\n \r\n \r\n\r\nWest Africa stands out as the sub-continent with the largest refining capacity, though only about 30% of it is functional. The Dangote Refinery, with a refining capacity of 650,000 barrels per day (BPD), is expected to be a transformative force in the region.\r\n\r\n \r\n \r\n\r\nRefinery closures in Zambia and South Africa are projected to position Angola as the primary refining hub in the region by 2030. South Africa\u2019s Central Energy Fund anticipates the country will need to import approximately 604,000 BPD of petroleum products by 2025.\r\n\r\n \r\n \r\n\r\nInvesting in the construction and modernization of refineries across Africa would not only reduce reliance on fuel imports but also foster industrial growth, enhance energy security, and lower domestic fuel costs\r\n\r\n "

"Ranked: 5 African Countries With The Highest Number Of Refineries"

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