African Oil Industry:
Overall, Africa is a major net energy exporter with a booming hydrocarbon industry. In 1997, Africa consumed 11.4 quadrillion Btu’s (quads) of commercial energy and produced 26.5 quads, making it a net exporter of 15.1 quads of commercial energy. Source: EIA website
The upstream oil industry has proved reserves of more than 75.4 billion barrels of oil, and 361.1 trillion cubic feet of natural gas (7% of the world total). Five countries dominate Africa's upstream oil production. Together they account for 85% of the continent's oil production and are, in order of decreasing output, Nigeria, Libya, Algeria, Egypt and Angola. Other oil producing countries are Gabon, Congo, Cameroon, Tunisia, Equatorial Guinea, the Democratic Republic of the Congo, and Cote d'Ivoire. Exploration is taking place in a number of other countries that aim to increase their output or become first time producers. Included in this list are Chad, Sudan, Namibia, South Africa and Madagascar while Mozambique and Tanzania are potential gas producers.
The downstream oil industry comprises 44 refineries in 25 countries with a total distillation capacity of 3 million barrels per day, representing 4% of the world total. The major refining centres are in decreasing refining capacity: Egypt (19.2%), Algeria (16.7%), South Africa (15.6%), Nigeria (14.6%), Libya (11.6%), Morocco (5.2%) and Kenya (3.0%). South Africa also has synfuels production. All countries have marketing and distributing facilities. In addition to fuels, Africa has an active lubricants industry which encompasses base oil refining, lubricant blend, distribution and marketing.
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Attendee Profile:
Senior government officials from Africa, from director level to cabinet minister
Senior executives from African National Oil Companies
Senior managers and executives of international oil and gas corporations, service companies, safety security and consulting firms, contractors, etc.
Companies providing these services and other related services to the petroleum industry who wish to attend, must contact the Technical Committee at
Tel: 00 44 208 605 0509 email: info@cubicglobe.com to discuss their participation in this workshop.
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