DMEA - Downstream Middle East & Africa
Turkey zeroes urea import tariffs to protect farmers from fertiliser price shock caused by Middle East war impacts
Turkey has zeroed urea import tariffs to protect farmers from fertiliser price shock caused by impacts of the conflict in the Middle East.
Turkey’s fuel and gas supplies face no immediate risks despite Middle East conflict, says minister
Despite the ongoing US-Israeli conflict with Iran, Turkey does not foresee any immediate problems facing its fuel & natural gas supplies, though developments are being closely monitored, according to the Turkish energy minister.
Mozambique has enough fuel until May and to keep price at current level to April despite Middle East conflict
Mozambique has up to 101mn litres of fuel in-country, which is enough for the normal running of the economy until early May, with about 118mn litres at ocean terminals, Lusa wrote on March 11.
Middle East conflict drives up costs faced by Turkey’s petrochemical, oil products industry
Amid the intensifying war between the United States–Israel and Iran, oil and petroleum-derived raw materials have seen price hikes over the past two weeks, putting significant pressure on Turkish industries.
Nigeria’s Dangote refinery to deploy CNG truck fleet to cut fuel distribution costs
Dangote Petroleum Refinery plans to deploy a nationwide fleet of compressed natural gas-powered trucks this month to reduce fuel distribution costs and strengthen supply as higher crude prices raise petrol production expenses
Chemanol ordered to pay SAR15.4mn to former owners of Addar Chemicals in Saudi Arabia court ruling
A Dammam court has ordered Chemanol to pay SAR15.4mn ($4.1mn) to the former owners of Addar Chemicals in a preliminary ruling on March 11. The company says it will appeal.
Kenya weighs $1.7bn rail link to Lokichar oil fields for crude exports
Kenya is considering a $1.7bn railway linking Nakuru to the Lokichar oil fields as an alternative to a stalled pipeline project. The metre-gauge rail line could transport up to 50,000bpd of waxy crude from the Turkana basin to the coast.
Nigeria trade surplus falls to $1.1bn in Q4 2025 as crude exports decline
Nigeria’s merchandise trade surplus narrowed by 50% y/y to in Q4 2025, as crude oil export earnings fell and imports increased, National Bureau of Statistics data show.
Ghana fuel market tensions rise as bulk distributors reject hoarding claims
Ghana’s bulk oil distributors have rejected allegations that some suppliers are hoarding fuel to profit from an anticipated price increase expected to take effect on March 16.
Kenya Pipeline Company shares climb on first day of NSE trading
Kenya Pipeline Company (KPC) began trading on the Nairobi Securities Exchange (NSE) at KES9.30 ($0.07) per share on March 10, rising 3.3% from its KES9 ($0.06) initial public offer price following a heavily oversubscribed share sale
Egypt increases fuel prices by 14-17% amid regional turmoil
In response to the intensifying energy crisis gripping the Middle East, the Egyptian government has announced up to 17% increase in the prices of petroleum products and natural gas for vehicles
Domestic refineries unlikely to cut Nigeria’s petrol prices significantly, CPPE says
Domestic refining will improve fuel supply stability in Nigeria but is unlikely to lead to significantly cheaper petrol because crude feedstock remains priced against global oil benchmarks in US dollars
Gulf producers shut in 6.9mn bpd as blockade forces export pivot
Gulf producers have shut in nearly seven million barrels per day of crude output as the Strait of Hormuz blockade forces a strategic shift westward.
Iran warns against targeting energy infrastructure following storage strike
Iran has issued a stark warning to the US and Israel against further strikes on its critical energy infrastructure, threatening reciprocal action across the Middle East.
Egypt tenders 10 oil storage depots amid Red Sea maritime shifts
Egypt has invited international energy firms to lease 10 major oil and petroleum product storage facilities at the Ain Sokhna and Ras Badran ports on the Red Sea.
Nigeria seeks third-party crude supply for $20bn Dangote refinery as petrol prices surge
Nigeria’s state oil company NNPCL is sourcing crude oil through international traders to supply the $20bn Dangote Petroleum Refinery as domestic allocations fall short and prices rise.
DRC moves to revive dormant LPG sector with new hydrocarbons reform bill
The DRC’s government has approved a draft bill aimed at developing the domestic liquefied petroleum gas (LPG) sector as part of broader efforts to modernise the hydrocarbons industry and attract investment.
Oil price spike at over $100 per barrel as market faces possibly worst crisis in history
Brent was trading at over $108 per barrel as of 06:30 GMT today, up from the early $70s prior to the US and Israel launch of strikes against Iran on February 28.
Attacks on Tehran, Alborz fuel depots prompt IRGC strike on Israel’s Haifa refinery
Five fuel storage and distribution centres in Tehran province and the adjacent Alborz province came under attack overnight, Iran’s state fuel distributor said, prompting the IRGC to strike the Haifa oil refinery in Israel with ballistic missiles.
Nigeria power generation falls to 3,940MW amid gas shortages
Nigeria’s electricity generation has fallen to 3,940.53MW after persistent gas supply shortages forced several thermal power plants offline, increasing pressure on the national grid
Fire breaks out at Bapco Energies refinery in Bahrain after Iranian missile attack
A limited fire broke out at a unit of the Bapco Energies refinery in Bahrain following an Iranian missile attack.
Vopak delays decision on South Africa’s $1bn Richards Bay LNG terminal to Q1 2028
Dutch tank storage operator Royal Vopak (AMS:VPK) has delayed its FID on South Africa’s proposed Zululand Energy LNG terminal at Richards Bay to Q1 2028
Zimbabwe hikes fuel price by 16% to $1.77 per litre, second highest level in SSA after Malawi
Zimbabwe has increased the fuel pump price by up to 16% per litre in response to the disruption caused by the ongoing armed conflict between the US, Israel and Iran.
Nigeria’s Dangote Refinery raises fuel prices as war with Iran continues
Nigeria’s 650,000 barrels per day (bpd) Dangote Refinery increased its petrol price by N101 ($0.073) this week to N875 ($0.63) per litre from N774 ($0.56) per litre, sparking concerns about cost of living.
Angola’s Sonangol in talks with Chinese lenders for $4.8bn loan
Angola’s state oil company Sonangol is currently in talks with Chinese banks as part of efforts to obtain a $4.8bn loan for the construction of the 200,000 barrels per day (bpd) Lobito refinery.
Tanzanian president orders expansion of fuel reserves as Dar es Salaam tank farm progresses
Tanzania’s President Samia Suluhu Hassan has directed the Ministry of Energy to urgently expand the country’s strategic fuel reserves, warning that rising global prices and geopolitical tensions are increasing the risk of external supply shocks
Ghana pushes $60bn petroleum hub to become West Africa’s energy corridor
Ghana’s government has pledged transparency and civil society collaboration as it advances the ambitious Ghana Petroleum Hub project aimed at transforming the country into a regional energy security corridor.
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