Africa oil product demand set to soar 40% by 2020

摘要

Cape Town-Demand for oil products in Africa is to rise by more than 40% in the next 10 years, outpacing growth rates in world demand, while the continent's refineries will struggle to satisfy this upturn, downstream African energy specialist CITAC Africa said March 11.African demand in 2020 is expected to average 4.3 million b/d, up from 3 million b/d in 2008, driven largely by a rising appetite for gasoil and gasoline, CITAC's Elitsa Georgieva told a conference in Cape Town.