This new oil infrastructure will comprise 60,000 metric tons of gasoline and 100,000 metric tons of diesel, stored on a vessel anchored offshore. It aims to ensure an uninterrupted supply to key markets in West and Southern Africa, including Ghana, South Africa, and Mozambique. The STS location is strategically located. Our incoming cargo will be stored in the. . (Togo First) - Starting in August 2025, Lomé will host a floating terminal with a 160,000 metric ton capacity, operated by United Petro Group (UPG). Crude oil is pumped from wells on land or on offshore platforms and transported by pipelines or tanker ships to refineries where it can be turned into. . Aliko Dangote, Africa's leading industrialist has identified entrenched interests behind the offshore Lomé fuel trade as the greatest obstacle to Africa's quest for refining self-sufficiency. Dangote while speaking at the West Africa Refined Fuel Market: Pathway to Regional Reference Market energy. . The Togo oil storage market is characterized by a growing demand for storage facilities due to the country's increasing oil imports and storage requirements.
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