REFINERY NEWS ROUNDUP: Companies in Africa eye refinery investments - News Summed Up

REFINERY NEWS ROUNDUP: Companies in Africa eye refinery investments


A number of refineries have closed in recent years, including Zambia's Indeni and South Africa's Engen. Meanwhile South Africa's Sapref and PetroSA have been mothballed while others remain idle, such as Ghana's Tema and Cameroon's Limbe. Ghana's new refinery, being built by the Sentuo Group, was expected to come online later this year or early 2024. Separately, as Africa's energy demand and population grow, the continent is looking to ensure its energy security but also combine it with clean energy projects as the increased energy demand coincides with global energy transition efforts, according to delegates at the ARDA conference. In other news, TotalEnergies has signed a 20-year, 260-MW renewable power purchase agreement with Sasol South Africa and Air Liquide Large Industries South Africa, the French energy company said.


Source: The North Africa Journal March 17, 2023 21:53 UTC



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