Nigeria, others need $15.7bn to curb refineries’ emissions –Report - Punch Newspapers

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African nations need to spend about $15.7bn on their refineries to curb emissions and meet climate-change targets as demand for oil and gas surges, an industry lobby group, African Refiners and Distributors Association, has said.

The pan-African body, based in Ivory Coast’s commercial capital of Abidjan, promotes the interests of the downstream oil industry. The group is working with the African Union to introduce harmonised measures across the continent that cap sulfur volumes in gasoline and diesel to 10 parts per million by 2030.

Upgrading Africa’s refineries to meet the 10 ppm standard will cost about $15.7bn, according to Kragha, citing a study by the AU and ARDA.

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