GlobalData’s latest report, ‘Refining Industry Outlook in Africa to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Refineries’ says that the total refining capacity of Africa in 2020 was 3,728 thousand barrels per day (mbd) and accounted for about 3.5% of the total global refining capacity. Egypt, Algeria, South Africa, Nigeria, and Libya are the key countries in Africa accounting for over 78% of the total refining capacity of the region in 2020.
The largest active refineries of Africa are Skikda I (Algeria), Ras Lanuf (Libya), Port Harcourt I (Nigeria), Mohammedia (Morocco), and Durban II (South Africa) with capacities of 355 thousand barrels of oil per day mbd, 220 mbd, 210 mbd, 200 mbd, and 180 mbd, respectively.
The refining capacity in Africa increased from 3,590 mbd in 2015 to 3,728 mbd in 2020 at an AAGR of 0.8 percent. It is expected to increase from 3,728 mbd in 2020 to 5,766 mbd in 2024 at an AAGR of 10.9%.
In terms of growth outlook of key refinery units, crude distillation unit capacity in Africa is expected to increase from 3,500 mbd in 2020 to 5,284 mbd in 2024 at an AAGR of 8.2%.
Hydrocracking unit capacity in Africa increased from 146 mbd in 2015 to 187 mbd in 2020 at an AAGR of 5%. It is expected to increase from 187 mbd in 2020 to 661 mbd in 2024 at an AAGR of 25.3%.
Catalytic cracker unit capacity in Africa has slightly increased from 261 mbd in 2015 to 262 mbd in 2020. It is expected to increase from 262 mbd in 2020 to 761 mbd in 2024 at an AAGR of 21.3 percent.
Coking unit capacity in Africa increased from 76 mbd in 2015 to 101 mbd in 2020 at an AAGR of 5.7 percent. It is expected to increase from 101 mbd in 2020 to 115 mbd in 2024 at an AAGR of 2.7 percent.