For companies operating large fleets in Africa, budgeting for fuel has become increasingly difficult as rapidly changing oil prices and currency fluctuations play their part. Although Nigeria is the largest oil producer in Africa, lack of...
Although Botswana’s energy requirements are dominated by petrol fuels, the country does not have any petrol reserves and has to import all required petroleum in refined form from neighbouring South Africa. In addition, the country does not have...
Swaziland presently imports all required petroleum products from South Africa who currently provides 40% of Swaziland’s imported energy demand, 90% of which is represented by petroleum products. The Ministry of Natural Resources plays a...
Nigeria is the largest oil producer in Africa and has been a member of the Organization of Petroleum Exporting Countries (OPEC) since 1971. In 2011, Nigeria produced about 2.53 million barrels per day (bbl/d) of total liquids, well below its oil...