SIR Selects Site for Second Refinery in Côte d'Ivoire

The Société Ivoirienne de Raffinage (SIR) has selected a site for its second refinery in Côte d'Ivoire, choosing between Abidjan, the economic capital, and San Pedro, a major southwestern port city. The decision, barring any last-minute changes, will determine the location of a new refining facility aimed at expanding the country's downstream oil capacity. Côte d'Ivoire currently relies on a single refinery in Abidjan, which has faced capacity constraints and maintenance issues. The new refinery is expected to boost domestic fuel production, reduce import dependence, and support regional energy security. The choice of San Pedro would leverage its port infrastructure and proximity to cocoa and mining export zones, while Abidjan offers existing industrial synergies. No official statement on the final site has been released yet, but sources indicate the selection process is complete.

Global Impact

Economically, the new refinery will reduce Côte d'Ivoire's fuel import bill and could lower domestic pump prices, supporting consumer spending and industrial activity. Politically, the choice between Abidjan and San Pedro carries regional development implications—San Pedro is a key opposition stronghold, so the decision may have electoral undertones ahead of the 2025 presidential election.