March 2017
Trends and Resources
Business Trends: Africa—Will increasing demand spark downstream capacity builds?
Over the past decade, Africa’s oil demand has increased by more than 1 MMbpd, to nearly 3.9 MMbpd. Africa’s oil production is more than double the amount it consumes, but lack of investment, failing infrastructure and inadequate refining capacity force the continent to rely on imports to satisfy increasing fuel demand.
This is a preview of our premium content. Thank you for your interest—please log in or subscribe to read the full article.
The Author
Related Articles
- Common challenges in risk-based inspection for piping: Insights from experience
- Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part 2
- Optimizing NGL treatment for sulfur and methanol reduction at Pembina NGL Corporation’s Redwater fractionation plant—Part 2
Comments