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Analysis: Shortage of oil refineries haunts Africa as fuel prices rocket

Cape Town/Lagos/Dakar, June 1 (Reuters/GNA) - A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices becau...

Analysis: Shortage of oil refineries haunts Africa Analysis: Shortage of oil refineries haunts Africa

Cape Town/Lagos/Dakar, June 1 (Reuters/GNA) - A shortage of oil refineries across sub-Saharan Africa coupled.

Town/Lagos/Dakar, June 1 (Reuters/GNA) - A shortage of oil refineries across sub-Saharan Africa coupled with.

June 1 (Reuters/GNA) - A shortage of oil refineries across sub-Saharan Africa coupled with soaring.

1 (Reuters/GNA) - A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude.

(Reuters/GNA) - A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices.

- A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because.

A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of.

shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the.

of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war.

Africa's biggest oil producer, Nigeria, pumps over 1.3 million barrels a day, but the two.

biggest oil producer, Nigeria, pumps over 1.3 million barrels a day, but the two privately.

oil producer, Nigeria, pumps over 1.3 million barrels a day, but the two privately owned.

producer, Nigeria, pumps over 1.3 million barrels a day, but the two privately owned plants.

Nigeria, pumps over 1.3 million barrels a day, but the two privately owned plants still.

pumps over 1.3 million barrels a day, but the two privately owned plants still running.

over 1.3 million barrels a day, but the two privately owned plants still running there.

1.3 million barrels a day, but the two privately owned plants still running there can.

million barrels a day, but the two privately owned plants still running there can only.

barrels a day, but the two privately owned plants still running there can only process.

a day, but the two privately owned plants still running there can only process 1%.

day, but the two privately owned plants still running there can only process 1% of.

but the two privately owned plants still running there can only process 1% of that.

the two privately owned plants still running there can only process 1% of that.

two privately owned plants still running there can only process 1% of that.

The.

privately owned plants still running there can only process 1% of that.

The African.

owned plants still running there can only process 1% of that.

The African Export-Import.

plants still running there can only process 1% of that.

The African Export-Import Bank.

still running there can only process 1% of that.

The African Export-Import Bank and.

Ghana's President Nana Akufo-Addo said "intense efforts" were now being made to rehabilitate the refinery.

President Nana Akufo-Addo said "intense efforts" were now being made to rehabilitate the refinery to.

Nana Akufo-Addo said "intense efforts" were now being made to rehabilitate the refinery to help.

Akufo-Addo said "intense efforts" were now being made to rehabilitate the refinery to help address.

said "intense efforts" were now being made to rehabilitate the refinery to help address soaring.

"intense efforts" were now being made to rehabilitate the refinery to help address soaring fuel.

efforts" were now being made to rehabilitate the refinery to help address soaring fuel prices.

were now being made to rehabilitate the refinery to help address soaring fuel prices.

now being made to rehabilitate the refinery to help address soaring fuel prices.

However,.

being made to rehabilitate the refinery to help address soaring fuel prices.

However, getting.

made to rehabilitate the refinery to help address soaring fuel prices.

However, getting the.

to rehabilitate the refinery to help address soaring fuel prices.

However, getting the refinery.

rehabilitate the refinery to help address soaring fuel prices.

However, getting the refinery online.

the refinery to help address soaring fuel prices.

However, getting the refinery online would.

refinery to help address soaring fuel prices.

However, getting the refinery online would require.

to help address soaring fuel prices.

However, getting the refinery online would require $40.

help address soaring fuel prices.

However, getting the refinery online would require $40 million.

address soaring fuel prices.

However, getting the refinery online would require $40 million in.

The country subsidises gasoline at a high cost, but not diesel or jet fuel.

country subsidises gasoline at a high cost, but not diesel or jet fuel.

Scheduled.

subsidises gasoline at a high cost, but not diesel or jet fuel.

Scheduled maintenance.

gasoline at a high cost, but not diesel or jet fuel.

Scheduled maintenance is.

at a high cost, but not diesel or jet fuel.

Scheduled maintenance is also.

a high cost, but not diesel or jet fuel.

Scheduled maintenance is also curtailing.

high cost, but not diesel or jet fuel.

Scheduled maintenance is also curtailing supplies.

cost, but not diesel or jet fuel.

Scheduled maintenance is also curtailing supplies.

but not diesel or jet fuel.

Scheduled maintenance is also curtailing supplies.

Senegal's.

not diesel or jet fuel.

Scheduled maintenance is also curtailing supplies.

Senegal's 27,000.

diesel or jet fuel.

Scheduled maintenance is also curtailing supplies.

Senegal's 27,000 bpd.

or jet fuel.

Scheduled maintenance is also curtailing supplies.

Senegal's 27,000 bpd SAR.

jet fuel.

Scheduled maintenance is also curtailing supplies.

Senegal's 27,000 bpd SAR refinery.

fuel.

Scheduled maintenance is also curtailing supplies.

Senegal's 27,000 bpd SAR refinery in.

/>
Scheduled maintenance is also curtailing supplies.

Senegal's 27,000 bpd SAR refinery in Dakar.

Higher trade costs and extra outlays due to credit concerns with small, independent African importers.

trade costs and extra outlays due to credit concerns with small, independent African importers are.

costs and extra outlays due to credit concerns with small, independent African importers are compounding.

and extra outlays due to credit concerns with small, independent African importers are compounding the.

extra outlays due to credit concerns with small, independent African importers are compounding the problem.

outlays due to credit concerns with small, independent African importers are compounding the problem.

Retail diesel prices were up more than 90% year-on-year in April, according to Ghana's statistics.

diesel prices were up more than 90% year-on-year in April, according to Ghana's statistics service.

prices were up more than 90% year-on-year in April, according to Ghana's statistics service.

were up more than 90% year-on-year in April, according to Ghana's statistics service.

"These.

up more than 90% year-on-year in April, according to Ghana's statistics service.

"These conditions.

more than 90% year-on-year in April, according to Ghana's statistics service.

"These conditions mean.

than 90% year-on-year in April, according to Ghana's statistics service.

"These conditions mean you.

90% year-on-year in April, according to Ghana's statistics service.

"These conditions mean you effectively.

year-on-year in April, according to Ghana's statistics service.

"These conditions mean you effectively need.

in April, according to Ghana's statistics service.

"These conditions mean you effectively need double.

April, according to Ghana's statistics service.

"These conditions mean you effectively need double whatever.

according to Ghana's statistics service.

"These conditions mean you effectively need double whatever credit.

to Ghana's statistics service.

"These conditions mean you effectively need double whatever credit you.

Ghana's statistics service.

"These conditions mean you effectively need double whatever credit you would.

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