Nigeria’s petrochemical import bill, which reached nearly $1.82 billion in 2024, has reignited calls for greater investment in domestic processing and value addition to reverse decades of dependence on foreign-manufactured products. The post ‘Nigeria’s petrochemical imports expose urgent need for Read More
‘Rising costs, weak policy undermining LPG adoption in Africa’
As the global push for clean energy gathers momentum, Nigeria and other African countries, despite being rich in natural gas reserves, are lagging in the adoption of liquefied petroleum gas (LPG) for household use. The post ‘Rising costs, weak policy Read More
Refiners call for harmonised regulation, pricing amid bottlenecks
The African Refiners and Distributors Association (ARDA) has reiterated the need for the harmonisation of regulations and pricing across African nations to address infrastructure challenges that threaten energy security on the continent. The post Refiners call for harmonised regulation, pricing Read More
Refiners seek uniform grade as Africa’s sulfur content spikes
African Refiners and Distributors Association (ARDA), yesterday, said the continent must urgently harmonise sulfur content in petroleum products as sulfuric content in premium motor spirit (PMS) and diesel peaks at 10,000 parts per million (ppm) as against 10 ppm in developed Read More
‘Why African oil producers must prioritise refining, energy security’
Amid growing energy crisis and weakening economy, Africa’s perpetual reliance on importation of refined petroleum products may create long term challenges for the continent’s energy outlook, stakeholders have said. The post ‘Why African oil producers must prioritise refining, energy security’ Read More
ARDA discusses future of refining in Africa as global leaders converge
African Refiners and Distributors Association (ARDA) will focus on the need for sustainable petroleum refining in Africa at the 24th World Petroleum Congress (WPC) in Calgary. The post ARDA discusses future of refining in Africa as global leaders converge appeared Read More
Why carbon credit mechanisms are critical to downstream oil, gas
The African Refiners and Distributors Association (ARDA) has said carbon mitigation strategies remain key for securing financing to execute long-term strategies that will boost refining, value-added petrochemicals, efficient storage and distribution and Liquefied Petroleum Gas for Clean Cooking strategies across Read More
Stakeholders push for downstream petroleum project funding
The African Refiners and Distributors Association (ARDA) and top international financial experts have mulled options to unlock sustainable funding for the regional downstream petroleum industry, as tightening global financial conditions pose challenges for oil and gas projects. The post Stakeholders Read More
Kragha: Why Africa must harmonise energy fiscal governance, end ‘dirty’ petrol
Anibor Kragha, a former Chief Operating Officer (COO) in charge of Refining and Petrochemicals, Nigerian National Petroleum Company Limited, is currently the Executive Secretary of the African Refiners and Distributors Association (ARDA). The post Kragha: Why Africa must harmonise energy Read More
Reverse decision halting fossil fuels funding, AEC tells financiers
Africa Energy Chamber (AEC) has asked multilateral financial institutions and other global financial bodies to immediately reverse the decision on halting funding for fossil fuels, stressing that the energy crisis has placed the world, especially Africa on the verge of Read More