Oil & Gas Industry in Africa 1
Oil & Gas Industry in Africa 1
Oil & Gas Industry in Africa 1
1. Introduction:
2. History
3. Oil and Gas reserves
4. Oil and Gas production
5. Changing production share in world market
6. Oil and Gas consumption
7. Oil and Gas export
8. Future potentials
9. Reference
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Introduction
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AFRICA LOCATION MAP
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HISTORY:
Oil and gas resources are concentrated in a relatively
small number of countries and sub-regions (North and
Western Africa).
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Oil reserves:
African oil proven reserves at end of 2006 has about (117.2
Bbbl).
Africa shares with about (9.7%) of the world's proven oil
reserves which equal about (1208.2 Bbbls) at end of 2006.
The African oil reserves:
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Libya and Nigeria for example, only a handful of
exploration well have been drilled in Algeria's offshore
basins, though the potential is thought to be enormous.
Although Nigeria has been a major oil export for
decades, significant offshore as well as onshore oil
resources remain explored.
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Gas reserves:
The African gas reserves are about (500.67 TCF) at the
end of 2006, Africa has about 7.8% of the world proven
gas. Which equal abut (6405.48 TCF)
Nigeria, Algeria, Egypt and Libya combined account for
about 92.3% of the Africa's gas reserves:
Share
of
At end At end At end At end total
Country 1986 tcm 1996 tcm 2006 tcm 2006 tcf world
Nigeria 2.4 3.48 5.21 183.9 2.90%
Algeria 3.26 3.7 4.5 159 2.50%
Egypt 0.29 0.85 1.94 68.48 1.10%
Libya 0.73 1.31 1.32 46.45 0.70%
Other Africa 0.72 0.83 1.21 42.82 0.70%
Total Africa 7.4 10.17 14.18 500.7 7.80%
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Oil and gas production:
Oil production:
The African oil production is about (9990 mbblpd) at the
end of 2006, Africa has about 12.1% of world oil
production which equal about (81663 mbblpd).
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Africa oil production had been increased in last 5 years
due to the new exploration that revealed a great amount
of oil production in different countries in the continent.
And increasing in Africa oil production if Africa oil
fields have he excellent development.
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Gas production:
The African gas production is about (17.5 BCFPD) at the end
of 2006. Africa has about 6.3% of world gas production which
equal about (277.2 Bcfpd).
The African gas production by country:
Change 2006 share
2006 o0ver of total
Country Bcfpd Bcfpd 2005 world
2005 2006
Algeria 8.5 8.2 -4.30% 2.90%
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Changing production share in world market:
The global competition for oil and gas is becoming more
vigorous in light of the Asian drivers enormous appetite for oil
and gas and the crisis in the Middle East where he bulk of
global oil and gas reserves are located. With a moderate
decline in North Sea production the global market will
increase import in amounts of oil and gas production from
Africa. Africa with proved reserves of 75.4 billion barrels of
oil at end 1998 (7% of the world total) and in 1998 it produced
7.8 million barrels per day (381 million tons/ year) of over 40
types of crude oil.
African oils growing importance in the world is apparent in the
recent production increases. Throughout the 1990S, Africa
accounted for about 10 percent of world production. This
decade, the share increased to 12 percent, between 2000 and
2005, Africa supplied more than 2 million barrels per day
(bpd) or about 25 percent more oil to world market, this is not
due to increase in just Nigeria, Algeria and Libya, Angola,
Sudan equatorial Guinea and Chad have all increased their
contributions as well – Angola alone was responsible for about
500.000 bpd of this increase (Angola production accounts for
13 percent of Africa is total output). Sudan's crude oil
production rose during one year from 350,000 BPD to 400,000
BPD. With new fields coming on stream, Sudan anticipates
that its oil production will reach 600,000 BPD .
Additionally, Africa has emerged as an important supplier of
liquefied natural gas (LNG) to the world, with natural gas
production increasing by more than 5 Tcf and African LNG
now accounting for more than 27 percent of global trade. As
with oil, new African producing countries are participating in
natural gas production and trade movements, as Algeria,
Egypt and Nigeria are now joined by Libya.
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from,1965 to 2006 the Africa oil production changing from
2240 to 9990 thousand barrel daily.
From 1970 to 2006 the Africa gas production changing from
7.3 to 17.5 billion cubic feet daily.
Last 10 years African oil production changing:-
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Oil and gas consumption:
oil consumption:
The African consume of refinery product is about (2790
mbblpd) at end 2006 the African has about 3.4% of world
consumption of refinery product which equals about (83719 m
bblpd).
African oil consumption by country:
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Gas consumption:
The African gas consumption is about (7.3 bcfpd) at end 2006.
Africa has about 2.6% of world gas consumption which equals
about (275.8 bcfpd).
African gas consumption by country:
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Oil and gas export:
Oil export:
The African oil export is about (7929 mbblpd) at end of 2006.
African has about 15% of world oil export wihch equals about
(52561 mbblpd).
Thousan Usa Canada Mexico s. c ceut Europe Africa Australia China Japan Singapore
d barrels America
daily
from
North 36.3 8.9 0.3 4.1 96.4 3.2 0.1 3.7 0.2 0.2
Africa
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TO
Thousand barrels daily Other Africa pacific Rest of world Total
from
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Gas export:-
The African gas export is about (3216 bcf) in the end of 2005.
African has about 10.7% of the world gas export which equal
about (29923 bcf).
Africa's top gas export countries by pipeline and LNG are:
Algeria (71%), Nigeria (13%), Egypt (8%) and Libya (5%) in
2005.
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Africa gas export by country in 2006:
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Future potential:
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Reference:
Book:
1. World oil& GAS review 2006.
2. BP Statistical Review of World Energy June 2007
Web site:
1. www.eia.doe.cov
2. http://www.bp.com/statisticalreview
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