Market Size of East Africa Oil and Gas Downstream Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 2.32 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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East Africa Oil and Gas Downstream Market Analysis
The market for oil and gas downstream in East Africa is expected to register a CAGR of about 2.32% during the forecast period of 2022 - 2027.
The market was negatively impacted by COVID-19 in 2020. Currently. The market has reached pre-pandemic levels.
- Over the long term, the increasing demand for oil and natural gas is expected to boost the demand for the East Africa oil and gas downstream market during the forecast period.
- On the other hand, political instability, due to civil war, in countries of East Africa, like South Sudan and Somalia, are restraints in the growth of the oil and gas downstream sector.
- Nevertheless, an increase in oil and gas production in the region is expected to increase the refining throughput capacity, which will enable the downstream market to grow.
- South Sudan is expected to dominate the market due to increased investment in the oil and gas downstream market.
East Africa Oil and Gas Downstream Industry Segmentation
The downstream refers to the activities undertaken post-production of crude oil and natural gas. It is the last step in the entire value chain of the oil and gas sector, which includes refining crude oil into consumable products and its marketing and distribution for end-users. The downstream segment is a global business that houses a network of service stations, dealers, jobber distributors, and international companies that possess distribution assets to reach retail end-users.
The East Africa oil and gas downstream market is segmented into refineries, petrochemical plants, and geography. The report covers the market size and forecasts for all major countries in East Africa. The market sizing and forecast are done based on refining installed capacity (in thousand barrels per day).
| Geography | |
| Mozambique | |
| South Sudan | |
| Kenya | |
| Rest of East Africa |
East Africa Oil and Gas Downstream Market Size Summary
The East Africa oil and gas downstream market is poised for growth, driven by increasing demand for oil and natural gas. Despite the challenges posed by political instability in countries like South Sudan and Somalia, the market is expected to expand due to rising oil and gas production, which will enhance refining throughput capacity. South Sudan is anticipated to lead the market, bolstered by significant investments in the downstream sector. The region's low refining capacity relative to its population and the discovery of central gas wells in coastal areas of countries like Mozambique and Tanzania are expected to further stimulate market growth. These developments are likely to attract investments aimed at boosting production and reducing costs for refineries, thereby enhancing the region's refining capacity.
The market landscape is characterized by the presence of major players such as the Sudan National Petroleum Corporation, China National Petroleum Corporation, Eni SpA, Royal Dutch Shell PLC, and Petrogal SA. Recent activities, including Sudan's licensing rounds and South Sudan's efforts to attract foreign investors, underscore the region's potential for upstream development. The Bashayer Marine Terminal in Sudan plays a crucial role in storage and handling, supporting the region's export and import capabilities. The acquisition of oil fields in South Sudan by Savannah Energy, in partnership with international energy companies, highlights the ongoing efforts to tap into the region's vast oil and gas resources. As a result, the East Africa oil and gas downstream market is expected to witness significant activity and growth in the coming years.
East Africa Oil and Gas Downstream Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Refining Capacity Installed and Forecast, in thousand barrels per day, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitute Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Refineries
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2.2 Petrochemicals Plants
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2.3 Geography
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2.3.1 Mozambique
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2.3.2 South Sudan
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2.3.3 Kenya
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2.3.4 Rest of East Africa
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East Africa Oil and Gas Downstream Market Size FAQs
What is the current East Africa Oil and Gas Downstream Market size?
The East Africa Oil and Gas Downstream Market is projected to register a CAGR of greater than 2.32% during the forecast period (2024-2029)
Who are the key players in East Africa Oil and Gas Downstream Market?
Sudan National Petroleum Corporation, China National Petroleum Corporation, Eni S.P.A., Royal Dutch Shell PLC and Petrogal SA are the major companies operating in the East Africa Oil and Gas Downstream Market.
