Crude petroleum production, consumption and major interregional flows in. Heres a look at the top 10 oilproducing countries of 2019. This statistic shows africas total oil production from 1998 to 2018. Subsaharan africa oil map subsaharan africa mappery. Oil production in the east africa rift valley faced nearly a decade of delays due to. Top 10 oilproducing countries investing news network. Proven reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions. Indeed, according to estimates published for 2015 by the u. The discrepancy between the amount of oil produced andor imported and the amount consumed andor exported is due to the omission of stock changes, refinery gains, and other complicating factors.
But oil producing nations that rely on exports have been particularly hard hit, with many now feeling the social and, in. This entry is the total oil produced in barrels per day bblday as of january 1, 2011. More than 20 south african contractors, including black economic empowerment companies, performed the work. Nigerias petroleum industry is the largest in africa with proven oil and gas reserves of. Rich in oil and natural resources, the continent holds a strategic position. A series of oil discoveries from 2006 onwards put uganda on the global energy map. Exports from the middle east, 75% of which are to asia, and those from north africa, most of which are. Pdf oil resource abundance, institutions and growth. Oil demand has been impacted significantly by the spread of covid19, as. Nigeria is one of the oldest and the largest petroleum producers in. Compared with shorterterm data, the fullyear figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles.
Production growth was led by angola and a few smaller producers. Sudan 520,000 sudans oil sector acts as the countrys biggest economic activity. Africa as a continent may be known for far too many negative things, but her ability to always come up with the goods is unquestionable. A look at international oil companies operating across the african continent. The discrepancy between the amount of oil produced andor imported and the amount consumed andor exported is d. Fully searchable pdf helps readers locate projects quickly. The oil and gas producing countries of north africa and. The key issues addressed will be oil and gas reserves, the leading producers and their characteristics, the trends in local energy consumption and international oil and gas exports. Well talk about china, which is the fifth highest oil producer in the world, and then go into conversation about kuwait. Other areas on the continent where the company holds interests include benin, ghana.
According to the nigerian national petroleum corporation nnpc, nigeria has a maximum crude oil production capacity of 2. Fiscal vulnerability and sustainability in oilproducing. Leading oilproducing countries by global production share. The map displayed here shows how oil production varies by country. Shows major oil producing countries in subsaharan africa. Oil exploration and production in africa since 2014 ifri. Oil and gas in eastern africa policy center for the new south. Egypt is the largest nonopec oil producer in africa and the continents. Nigeria may have reclaimed its position as africas top oil producer beating angola. Oil producing countries in africa 10 biggest producers.
Evidence from oil producing african countries article pdf available in journal of policy modeling 383 march 2016 with 408 reads. Following the crash in the price of oil in 2014, africas oilproducing nations were left reeling. Roughly 40% of the country s gdp is based on oil and gas output and, since its discovery there in 1958, has. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for crude oil production. First published in 2007, the african energy atlas is the essential reference. Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil. Top 10 oil producing countries in africa africa facts. The organization of the petroleum exporting countries opec was founded in baghdad, iraq, with the signing of an agreement in september 1960 by five countries namely islamic republic of iran, iraq, kuwait, saudi arabia and venezuela. Total liquid fuels production is forecast to grow by an annual average of 3% in. As mentioned above, petroleum resources are not distributed evenly around the world.
The african continent is home to five of the top 30 oilproducing countries in the world. Some of the countries on this list will not be a surprise at all, whilst the appearance of others may cause you to double take. Lets go into detail about the amount of oil that three of these ten countries is responsible for producing, starting with the usa. Weve been producing oil since may 1997, yet there is a wide perception that south africa does not produce oil. The region is home to five of the top 30 oilproducing countries in the. Despite the challenges faced in africa, 5 out of 30 highest oil producing countries come from africa. The top oilproducing countries of the world are located in the middle east, asia, and north america, and these regions are most commonly associated with oil production. This is a list of countries by oil production, as compiled from the u. The split has led to a decline in oil production for both countries, they are now ranked as the fourthlargest nonopec african oil producer. The republic of congo is the 8th highest oil producing country in africa and the 36th largest oil producing country in the world. The oil and gas producing countries of north africa and the middle east concerned.
The united arab emirates uae sources most of its oil from the zakum field, which has an estimated 66 million barrels, making it the third largest oil field in the region, behind only ghawar field saudi arabia and burgan field. The table has current values for crude oil production, previous releases, historical highs and record lows, release frequency, reported unit. Republic of congo, he studies recent and future oilproducing countries including mauritania. Africa is home to five of the worlds top oilproducing countries, with an estimated 57 percent of. In 2018, africas total oil production amounted to around 8. Highest oilproducing countries in africa 2011 therichest. The opec action is really the first illustration and at the same time the most concrete and most spectacular illustration of the importance of raw material prices for our countries, the vital need for the producing countries to operate the levers of price control, and lastly, the great possibilities of a union of raw material producing countries. Check out top 20 list of oil producing countries in africa. Pdf oil exploration and production in subsaharan africa, 1990. Egypt is the largest nonopec oil producer in africa, and it is a major transit route for oil shipped from the persian gulf to europe and the usa.
The upgrade work on the ship was an economic boon for south africa. The shade of the country corresponds to the magnitude of the indicator. Top 20 oil producing countries in africa african vault. Key countries and opportunities in africas oil and gas industry. List of countries by proven oil reserves wikipedia. This report is jointly produced by the african devel opment bank. Oil and gas in africa supplement to the african development report oil and gas in africa african development bank and the african union 9 780199 565788 1 isbn 9780199565788 the book, a joint work of the african development bank afdb and the african union au, presents a comprehensive analysis of the oil and gas resources in africa. However, in 2017, angola was largest producer in afric. Should the most developing countries in africa decide to form a cartel, oil producing countries in africa could be the best fit. Energy information administration database for calendar year 2019, tabulating all countries on a comparable bestestimate basis. The light, sweet quality of nigerian crude makes it a preferred gasoline feedstock. The region is home to five of the top 30 oilproducing countries in. Global oil production has continued to rise over the years. Key countries and opportunities in africas oil and gas.
East africa began to emerge as a largescale oil and gasproducing region in 2006. The united states is the top oil producing country in the world, with an average of 17. This is a list of countries by proven oil reserves. Angola had led the african oil producing countries with its 1. This statistic shows the share of global crude oil production of the leading oilproducing countries in 2018. Nigeria, the largest crude oil producer in africa, is a. Crude oil production includes crude oil, shale oil, oil sand and ngls natural gas.
The oil and gas producing countries of north africa and the middle east despite the extent of their reserves, oil production in most countries of the middle east and north africa is not likely to increase significantly in the years ahead. Offshore west africa oil and gas activity map to 2022 shows current and future oil and gas field developments offshore west africa, including. This list takes in the african countries which produce the most oil. In the year 2016, kuwait derived 3,072,000 barrels per day of oil, compared to the rate of 2,652,000 bpd in 2017. Oil tullow oil pair made eight discoveries see map n 2 and has. Connections between oil production and human rights abuses have been documented in many developing countries, including nigeria and other parts of africa, myanmar, ecuador, and parts of the middle east. List of figures, tables, boxes, and map xvi acronyms and abbreviations xxi executive summary xxv 1 introduction 1 1. Offshore west africa oil and gas map provides information about fields and reserves onstream offshore west africa by.
The data are for the different sovereign countries of the world. However, a number of african nations also produce significant amounts of oil each year. Biggest oil producing countries 2014 top 10 oil producing countries in africa see list tadall top ten palm oil producing countries in the world2015 oil and natural gas in subsaharan africa. Producing 2,525,000 barrels of oil per day, nigeria is africa s largest petroleum producer, the 6 th largest producer in the world and the 8 th largest exporter of oil income earned from oil production in nigeria makes up 40% of the gdp and 80% of government revenues. Egypt daily oil production of 582,000 barrels is the fourth highest among the oil producing countries in africa, and it is the has the 27th highest oil output in the world. Because we are interested in gauging their fiscal vulnerability and sustainability from the angle of managing exhaustible oil wealth, we focus on the nonoil. Oil, energy poverty and resource dependence in west africa. Department of energy, as few as 15 countries account for more than 75 percent of the worlds oil production and hold roughly 93 percent of its reserves. The countrys oil and gas industry was kickstarted after cairn energy and. Oecd countries a decrease in oil intensity1 has been observed during. Extended coverage of key countries algeria, egypt with detail of nile. Oil, energy poverty and resource dependence in west africa 35 for the small, lowincome, but now oil and gas resourcerich, countries in west africa, such as liberia, niger and sierra leone, this means that potentially.
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