Friday, February 27, 2015
Release
The African Refiners Association (ARA), comprising representatives of the Africa’s downstream oil industry, meets in Cape Town from March 16-20 at the Westin Grand Hotel to consider how to invigorate investment in the African refining and distribution sectors of all countries, from the Mediterranean to the Cape of Good Hope, to meet the rising energy needs of a growing continent.
The recent fall in oil prices places increasing focus on the downstream rather than upstream sector of the oil industry.
How to create the ‘enabling environment’ for investment in the petroleum product supply chain will be the major topic of discussion during ARA WEEK with the participation of refining, trading, distribution and financing experts from around the world.
A Swiss registered not-for-profit association, the ARA, that represents refiners, storage, distribution and marketing companies as well as petroleum regulators from across Africa, will also hold its Annual General Meeting in Cape Town as part of ARA WEEK.
At a time of increasing realization that inefficient and poor quality fuel supply has the potential to constrain the rapid economic growth across Africa, limiting the continent’s international competitiveness for goods and services as well intra-African trade, this conference features key executives involved in the future of the industry:
Dr Fatih Birol
Chief Economist/Director Global Energy Economics, International Energy Agency
Alhaji Aliko Dangote
President/CEO, Dangote Group
Ian Taylor
President/CEO, Vitol Group
Atef Marzouk
Energy, Senior Policy Officer, African Union Commission
plus other major industry players, including Didier Acouetey, Executive President, AfricSearch; Steve Terry, Director, Montauroux Services and Mark Elliott, Chairman, CITAC Africa