Assessment of undiscovered oil and gas resources of the. In 2014, the us overtook russia as the worlds biggest energy oil and gas producer. Opportunities for gas in subsaharan africa subsaharan. The deloitte guide to oil and gas in east africa where potential lies. The energy price report is based on the information collated from government departments, stateownedentities, oil and gas industries. The deloitte guide to oil and gas in east africa where. Oil and gas revenues management act, 2015, established an oil and gas fund for. Incidents of oil theft and sabotage have increased in 2016. Oil and gas sector in south africa 2016 south africal oil. Crude oil production statistics crude oil enerdata. Occupational safety and health and skills in the oil and. It gives me a great pleasure to introduce the 2016 edition of the energy price report for south africa.
More than 80% of the 1 300 blocks in north africa are licensed, while in subsaharan africa. Assessing the petroleum fiscal regimes of nigeria, ghana. Although oil and gas exploration has been going on in east africa for decades, until. Gca is pleased and proud to have participated in the us department of energys power africa initiative.
The west african offshore oil and gas industry has a history of exploration of more than 50 years, with international majors and smaller firms having held, and relinquished, licences all along the. The prospects for natural gas in the region are not just dependent on displacing oil in the generation mix. It indicates to its readers where they should go for petroleum opportunities and why. 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. By combining our insights and expertise, we present a broad spectrum of innovative sustainable finance solutions and services. Local content and procurement requirements in oil and gas contracts. From 20 to 2016, sudan was ranked 39th in the world for flared natural gas volume and intensity. Proven oil reserves on the continent are still estimated to be 7. Olawuyi, senior visiting research fellow, oies and associate professor of law, hamad bin khalifa university, doha, qatar. Key countries and opportunities in africas oil and gas industry.
Oil and gas in sa with south africa currently importing the bulk of its oil needs, the prospect of becoming selfsufficient in terms of this much sought after resource for at least four years is a most welcome development which should boost the countrys economy immensely. Pdf oil exploration and production in subsaharan africa, 1990. Nigeria is the largest oil and gas producer in africa. The market share of biofuels in the energy sector is forecast to grow from 2. Oil sector management prolonged sanctions against the unified sudan allowed asian n ational oil companies to dominate sudans and south sudans oil sectors. Shale oil and gas are exactly the same product as oil. Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil. The energy power initiatives latest collaborative publication, understanding natural gas and lng options was launched in nairobi, kenya in december, 2016. The workshop will bring together senior energy policymakers. With a heralded series of energy events, aop brings together an elite class of ministers and senior level government officials and top executives of private sector companies spanning the energy value chain. Almost half of these blocks are open, subject to force majeure or in the application phase.
North africa has vast oil and natural gas deposits, the sahara holds the most strategic nuclear ore, and resources such as coltan, gold, and copper, among many others, are abundant on the. Climate policies are introducing new uncertainties on both the supply and demand side. Nigeria is one of africa s largest oil and gas producers, with over two million barrels per day in 20166. The arrival of the international oil and gas industry offers hope of a better life for millions.
Table 1 shows the shares by each fuel for 2016 in each country. Assessing the petroleum fiscal regimes of nigeria, ghana, and cameroon sara zedingle ghebremusse master of laws faculty of law university of toronto 2014 abstract petroleum extraction is a lucrative source of tax revenue for many governments in subsaharan africa. We offer peerless perspectives and insights on policy issues and technical innovation in the african oil and gas industry. It is well known that the level of electrification in subsaharan africa is very low. The national petroleum council has finished a 2year report on unconventional gas sources in the us, concluding that gas from low permeability reservoirs would become the nations most important.
Regional trends in the middle east and north africa damilola s. The company is listed on the toronto stock exchange and nasdaq stockholm under the symbol aoi. Pdf the exploration and production of oil and gas continue to be. To look at 2016 as an example, growth was highest in east and west africa and lowest in north and southern africa. Top 20 oil producing countries in africa african vault. Oil has significant shares of the generation mix in numerous countries, including those which have significant natural gas resources. To this end, eeg will hold a subsaharan africa policy workshop in dar es salaam, tanzania on 14 july 2016. This study has been realized within the partnership between the french institute. Occupational safety and health and skills in the oil and gas industry operating in polar and subarctic climate zones of the northern hemisphere. The country also has the largest oil and gas reserves in subsaharan africa, with an estimated 37 billion barrels of oil and 188 trillion cubic feet of gas. Report for discussion at the tripartite sectoral meeting on occupational safety and health and skills in the oil and gas industry operating in polar and subarctic climate zones of the northern. Overview of the petrol and diesel market in south africa.
Local content and procurement requirements in oil and gas. View local content in oil and gas industry research papers on academia. Crude oil from the niger delta basin comes in two types. Analysis of the current problems of russias oil and gas industry in the context of the main trends of global oil and. Volume 9 issue 16 april 2016 aper a survey of the literature on local content policies in the oil and gas industry in east africa chilenye nwapi summary although oil and gas exploration has been going on in east africa for decades, until recently exploration activities grew more slowly compared to other regions in africa. The china national petroleum corporation, indias oil and natural gas corporation. International monetary fund imf, oil and natural gas export revenue. About us africas premier report on the oil, gas and. However the generation of oil tax revenue can be limited by the need to. Oil exploration and production in africa since 2014 ifri.
Local content in oil and gas industry research papers. The africa investment report 2016 letter from the editor 1 letter from. With a daily production rate of 317,000 barrels, equatorial guinea is ranked sixth among the highest oil producing countries in africa and 34 th in the world. 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. Despite the fact that trucks have limited holding capacity, they help move oil and gas from production sites to pipelines and other longdistances transporta. Africa will develop with oil and gas whether the west likes. Table 2 outlines the consumption of electricity per head in the region.
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