Oil giant ADNOC deploys supertankers to boost trade in Africa

The Emirati firm has since 2018 been strengthening and diversifying its oil trading business, including by poaching staff from TotalEnergies. Since the invasion of Ukraine, it has been making inroads in Africa by dispatching supertankers to countries with no storage capacity of their own. It also hopes to bag some long-term contracts, notably in the DRC. [...] (600 words)
Published on 29/09/2022 at 05:00 GMT Reading time 3 minutes

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!