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2030: ARDA Executive Sec. Reveals Plan for Single-Grade Petrol in Africa

2030: ARDA Executive Sec. Reveals Plan for Single-Grade Petrol in Africa

The African Refiners and Distributors Association (ARDA), announced that by 2030 the continent will have only one grade of Premium Motor Spirit (PMS), also known as petrol.
This was revealed by its Executive Secretary, Anibor Kragha, on Monday at the CEO Strategic Session One of the ongoing 24th World Petroleum Congress (WPC) in Calgary, Canada.
According to NAN, the session’s theme is “Market Outlook for Petrochemicals and Refineries of the Future.”
According to Kragha, there are several grades of petroleum products available in Africa, and each has a negative impact on health.
He said that ARDA was collaborating with the African Union to create a standard for clean fuel for all of Africa, specifically the Afri 6 or 10 per of petrol per million parts of air (ppm) criterion.
‘‘It may interest you to know that in Africa we have 11 different grades of diesel or gas oil engine from 10 ppm to 10,000 ppm and for gasoline.
“We have 12 different grades ranging from 10 ppm to 2,500 ppm. So, that initiative is to have a single 10 ppm grade by 2030 across Africa,’’ he said.
He shared that ARDA’s main goal is to promote investments along the entire downstream value chain and, more lately, in the geopolitical sphere.
He claimed that while the continent was focused on ensuring its energy security by maximising crude oil in its refineries and moving greener fuels, it was not directly involved in the Russia-Ukraine conflicts.
He said that this came from African refineries that were connected to a continent-wide integrated storage and delivery system.
Kragha added that the continent must secure cleaner fuels, such as liquefied petroleum gas (LPG) for cleaner cooking, in order to prevent a health crisis.
He believes that refining in Africa has a very promising future.
Regarding Africa’s poor refining capacity, which is straining its foreign exchange as a result of heavy imports of petroleum products, Kragha stated that ARDA would continue to advocate for and support further investments.
The head of ARDA claimed that the petrochemicals and refining industries in Africa had promising futures.
According to Kragha, the continent needed an African downstream energy transition plan that was fair and just, focusing on cleaner cooking and transport fuels in the near future that were mature and affordable renewables.
He insisted that ARDA was working on an African Downstream Energy Transition Plan and related funding plan for the years 2030 to 2050, which would meet the continent’s specific energy needs while balancing its security concerns.

Source: allnewsng.com

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