Group 1: Industry Overview - Africa is expected to contribute approximately 12% of global liquid storage capacity additions by 2030, driven by population growth, industrialization, and economic development [1] - The region is significantly investing in storage facilities to enhance energy security and manage oil supply fluctuations [1] Group 2: Uganda's Capacity Additions - Uganda is projected to lead in liquid storage capacity additions in Africa, with the Buloba terminal expected to have a capacity of 25.2 million barrels (mbbl) [2] - The Buloba terminal is strategically located in the Wakiso district to ensure a consistent supply to the Kampala market and other major consumption centers [2] - The Uganda National Oil Company operates the Buloba terminal and holds a majority equity stake of 51% in the project [2] Group 3: Nigeria's Capacity Additions - Nigeria is anticipated to follow Uganda in liquid storage capacity additions, with Lagos expected to add 6.3 mbbl by 2030 through expansion [3] - The Dangote Oil Refinery is the operator and total equity owner of the Lagos terminal, which focuses on crude oil and petroleum products [3] - Other significant projects in Nigeria include Eghudu, Koko I, and Kula, which will also contribute to liquid storage capacity during the outlook period [3] Group 4: Ghana's Capacity Additions - Ghana ranks third in liquid storage capacity additions, with nearly 19.4 mbbl expected to be added by 2030 through new-build projects [4] - The Jomoro terminal is a key project in Ghana, expected to commence operations in 2028 and is part of the Petroleum Hub Project aimed at economic transformation [4] - Petroleum Hub Development operates the Jomoro terminal and holds total equity in the project [4]