Uganda to lead Africa’s oil and gas liquids storage capacity additions by 2030
Yahoo Finance·2025-09-16 01:10
Africa is poised to add significant liquid storage capacity additions, accounting for about 12% of the global capacity additions by 2030. These capacity additions are underpinned by population growth, industrialisation, and economic development, leading to increasing consumption of refined petroleum products and chemicals. The region is also investing substantially in the enhancement of storage facilities for exports, to ensure energy security, and to manage oil supply fluctuations. Uganda is set to domin ...