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The end of the oil shortage in Africa A new refinery to fill the gap
L’Oeil d’Afrique, the 7th of April 2022
It took 19 billion dollars for the gasoline shortage to end in Nigeria.
And yet it took more than half a century for a man named Dangoté to decide to reduce among the West African people, this vulnerability, caused by the crisis of shortage of oil at the pump, in this region however rich in hydrocarbon deposits.
From Nigeria to the Ivory Coast, passing through Ghana, the region with one of the largest productions of black gold, despite this the price of Littré is one of the highest in the world, because – that oil refineries and are rare and the demand for refined oil exceeds supply, to the point that traders find themselves on a speculative market that does not help consumers.
With this new refinery which is added to those which already exist on the African continent, we can hope for a satisfaction of the regional market.
Dangoté after cement and tomatoes has just made an entry into the oil market. And for the happiness of the West African sub-region.