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Monday, February 6, 2023

11 Oil and Gas Producing Countries in Africa

Undoubtedly, the African continent is home to five of the top 30 oil-producing countries globally, accounting for over 7.9 million barrels per day in 2019, about 9.6% of world output. 

Among the 58 countries in Africa, just a few countries produce oil and gas in large quantities, while others are at minimum rates.

Read more as we elaborate on the countries in Africa producing oil and gas in large quantities.

1. Nigeria

Nigeria is the first largest oil-producing country in Africa as of 2020, and it also ranks 15th position among the highest oil and gas producing countries in the whole world.

Barrels of oil and gas Nigeria produce daily [bpd]

Nigeria produces approximately 1.8 million barrels of oil per day, while the quantity of gas they produce per day as of 2020 is 7,574.68 million metric standard cubic feet 

(MMcf).

  • States producing oil and gas in Nigeria

Among the states producing oil and gas in Nigeria are Akwa Ibom, Rivers, Delta, and Bayelsa,

Also, you can get oil in Ondo, Edo, Imo, Abia, and Lagos state, [Nigeria].

  • The quantity of oil and gas export in Nigeria 

Nigeria exports about 1,832.800 per day of crude oil, while about (million cu. m.) 35,586.1. b/d, of natural gas, is exported.

Companies producing oil and gas in Nigeria are

  • Exxon Mobil 
  • Chevron
  • Statoil
  • Shell
  • Nigerian Agip Oil Company Limited
  • Petrobras
  • Total
  • Hardy Oil and Gas Plc

2. Angola

Angola is the second-largest oil-producing country around sub-Saharan Africa, and it is the third-largest exporter of oil in Africa.

  • Barrels of oil produced in Angola per day [bpd]

Angola produces an estimated 1.3 million barrels per day and about 17,904.5 million cubic feet of natural gas.

  • The amount of oil and gas they export by Angola

 As of 2020, Angola’s export rate in crude Oil was 1,219.656 barrels per day, while the estimate for export is 17,904.5 million cubic feet. 

  • Where you can get oil and gas in Angola

One will get oil in Angola along with the offshore fields off the coast of Cabinda and deepwater fields in the Lower Congo Basin. 

Renowned oil and gas producing companies in Angola 

  • Chevron
  • Total
  • Exxon Mobil

3. Libya 

Liberia is another country in Africa that produces oil in large quantity, ranking 30th among the world producing countries.

 Barrels of oil and gas produced by Libya

The barrels of oil and gas produce every day in Libya are 390 thousand barrels as of 2020, while they produce about 591,526.25 million cubic feet (MMcf) of gas yearly. 

  • The export rate of oil and gas in Libya 

As of 2020, the Crude oil exports of Liberia are (1,000 b/d) 347.2, while the natural gas exports are (million cu. m.) 4,292.0. 

  • State producing oil and gas in Libya

Libya produces up to 80% of oil reserves in Libya, located in the Sirte Basin Province.

Companies producing oil and gas in Libya

  • National Oil Corporation
  • Agoco
  • Sirte Oil Company
  • Waha Oil Company (Marathon Oil, ConocoPhillips, Hess Corporation, and NOC) 
  • Zueitina Oil Company
  • Mellitah Oil & Gas B.V. 
  • Jowfe Oil Technology
  • Tamoil

4. Algeria

Algeria is also one of the African countries that produce oil and gas in a large quantity in Africa as it stands now.

 Algeria has the tenth largest proven natural gas reserves globally.

Also, they are the world’s sixth-largest gas exporter and have the world’s third-largest untapped shale gas resources. 

  • Barrels of oil and gas produced in Algeria

Algeria produces about 1.3 million barrels of gas per day, while as of 2020, natural gas production in Algeria amounted to around 81.5 billion cubic meters. 

  • How many barrels of oil is exported by Algeria 

From the report, about 24% of its natural gas production (1,533,342 MMcf] was exported in 2015, while in 2020, Algeria’s exports rate in oil was about 942 thousand barrels.

 Companies that produce oil and gas in Algeria

  • Zeus Industrial Products
  • Varco International
  • Castrol Offshore
  • Beacon Maritime
  • Leirvik Beacon Offshore

5. Egypt

Egypt ranks the 27th oil-producing country in the world, producing an amount equivalent to 5.7% of its total proven reserves every year, while they rank the 20th as of 2015 as the gas-producing country.

  • Oil and gas production in Egypt in barrels per day [bpd]

Egypt produces about 682,904.14 barrels per day, judging from the 2016 report, while they produce 1,742,018.32 million cubic feet (MMcf) of natural gas per year. 

  • How many barrels of oil and gas does Egypt export? 

As of 2020, Egypt records an export rate of 102.750 barrels of oil every day in the second quarter of 2021. They export about 1.4 million tons of liquid natural gas [LNG], which supersedes their exports in the past years.

  • Where you can get oil in Egypt

One can get large quantities of gas in the Western Desert and Gulf of Suez and from the Eastern Desert, Sinai, Mediterranean Sea, Nile Delta, and Upper Egypt.

Companies producing oil and gas in Egypt

  • Egyptian General Petroleum Corporation
  • Egyptian Natural Gas Holding
  • Eni Group Egypt
  • Agiba Petroleum
  • Apache Egypt

6. Republic of Congo    

The Republic of Congo is another country in Africa that produces oil and gas, ranking 80th globally.

 They are the third-largest crude oil producers in sub-Saharan Africa.

As of 2016 estimation conducted, DR Congo produces an amount equivalent to 4.1% of its total proven reserves every year.

They also rank 96th globally and account for about 0.0005% of the world’s total natural gas reserves of 6,923 Tcf.

  • Barrels of oil and gas produced in the Republic of Congo  

The Republic of Congo records a production rate of 299.936 barrels of oil every day as of 2020, while they hold 0.04 trillion cubic feet (Tcf) of proven gas reserves as of 2017. 

  • Amount of oil export from Congo

In 2020, the export rate on oil in Congo was 282.156 barrels a day.

Topmost oil and gas companies in the Republic of Congo 

  • Aiteo
  • Perenco
  • Total
  • Eni
  • SOCO
  • Dalbit Petroleum

7. Gabon

Gabon is another African country that produces oil, and based on the International Monetary Fund, the share of oil in Gabon’s gross domestic product amounts to 38.5%.

 Currently, Gabon is the eighth largest producer of oil in sub-Saharan Africa.

  • Barriers of oil and gas produced in Gabon every day [bpd]

As of August 2021, Gabon produces 179 thousand barrels of oil per day, which is a total setback compared to the ones they have been producing.

Also, based on records in 2018, Gabon produces about 13 billion cubic feet (Bcf) of gas.

  • Barrels of oil Gabon exports

Gabon crude oil exports totaled 196.077 barrels per day as of Dec 2020.

Gabon top oil and gas producing companies

  • Addax petroleum Nze Inc. 
  • Perenco oil & gas Gabon sa. 
  • Vaalco Gabon sa.
  • Port Gentil, Gabon
  • Engen Gabon said. 
  • Libreville, Gabon
  • Societe Gabonese de raffinage 
  • Addax petroleum oil & gas Gabon inc

8. South Sudan

South Sudan ranks third in oil reserves in Sub-Saharan Africa with about 3.5 billion barrels produced every year, and still, 90% of the gas and oil reserves are untapped. 

  • Barrel of oil produced in South Sudan per day [bpd]

They produce about 154,000 barrels of oil per day

  • The export rate of oil in South Sudan

The oil export rate in South Sudan records $1.71 barrel, decreasing from the usual amount recorded before. 

Also, Sudan crude oil exports data upgrade yearly, with an average of 60.000 barrels every day. It has been like that starting from Dec 1980 to 2020, with about 41 observations. 

  • Where you can get oil and gas in South Sudan

Petroleum in Sudan lies in many places, mainly in Kordofan (south and west), the White Nile region, and the Blue Nile region.

You can also get it in Darfur, both the Adar area of Bahr El Gazal area, Northern Upper Nile, and the Unity state before the separation of South.

Major oil companies in South Sudan

  • Meet South Sudan’s Oil Operators 
  • Nilepet 
  • Dar Petroleum 
  • GPOC 
  • Sudd Petroleum Operating Company (SPOC) 

9. Equatorial Guinea

Equatorial Guinea ranks 34th in the world, and it produces an amount equivalent to 8.1% of its total proven reserves every year as of 2016 findings.

  • Barrels of oil and gas produced in Equatorial Guinea

As of 2020, Equatorial Guinea produced about 113.575 barrels of oil every day, which was a total increase compared to their formal records.

  • The petroleum export of Equatorial Guinea

Equatorial Guinea has a total value of petroleum export of (million $) 1,765.

  • Where you can get oil and gas in Equatorial Guinea

You can get oil and gas in the Alba, Zafiro, and Ceiba regions.

Oil and gas companies in Equatorial Guinea

  • GEPetrol  
  • Sociedad Nacional De Gag De G.E. (Sonagas)
  • Elegance Power 
  • Mobil Equatorial Guinea (MEGI) 
  • Novamark International
  • Xuan Energy Limited

10. Chad

Chad ranks the tenth-largest oil reserve holder among African countries, with 1.5 billion barrels of proven reserves as of 2018, producing over 140,000 barrels per day in 2020.

The primary source of Chad’s revenue is Petroleum, and they export around 90 percent of oil production. 

  • Amount of oil producers in Chad every day

In 2020, Chad recorded production of oil over 140,000 barrels per day.

  • Where one can get oil and gas in Chad

You can get it in Doba Basin.

Note: Chad’s natural gas sector is largely underdeveloped, and less than 1% of Chad’s 999.5 billion cubic meters of untapped natural gas reserves for domestic consumption, and because of that, Chad does not export natural gas.

Countries producing oil and gas in Chad    

  • China National Petroleum Company (CNPCIC) 
  • ExxonMobil-led Esso Exploration & Production Chad Inc. (EEPCI) 
  • Consortium
  • Glencore 
  • Taiwanese Chinese Petroleum Corp (operating as OPIC)

11. Ghana

Lastly, in the list of African countries that produce oil and gas, we have Ghana, which ranks 49th globally and accounts for about 0.0% of the world’s total oil reserves of 1,650,585,140,000 barrels.

Also, Ghana has a record of having held 660,000,000 barrels of proven oil reserves before.

  • Oil production in Ghana per day [bpd]

As of 2020, Ghana produces about 201.48 thousand barrels of crude oil and natural gas plant liquids per day.

  • Amount of oil exported by Ghana

Ghana exported an average of 266.96 USD million in oil from 2011 until 2021. 

  • Ghana’s income from oil and gas

Ghana makes about $978.82 Million from gas.

  • Where one can get gas from Ghana

One can get gas in Cape Three Points in the west to Keta in the east.

Also, the Volta Basin holds oil and gas reserves onshore too.

Companies that produce oil and gas in Ghana

  • Tullow Ghana 
  • Cosmos Energy
  • ENI 
  • ExxonMobil 
  • Hess Ghana Limited

Which African countries have oil and gas?

Nigeria ranked as the foremost oil producer in Africa as of 2020, with production amounting to 86.9 million metric tons.

 Angola and Algeria followed with 64.5 million and 57.6 million metric tons, respectively.

Which country in African produces the most natural gas?

As of 2020, Algeria was the largest natural gas producer in Africa, producing around 85 billion standard cubic meters. 

Also, after Algeria, we get Egypt which produces a roughly calculated of about 62.1 billion standard cubic meters.

How many countries in Africa produce gas?

Almost half of Africa’s 55 countries have known gas reserves, and there is plenty more potential out there.

Several African countries have produced and exported gas from North Africa, primarily Algeria, Egypt, and Libya, for many years.

Bottom Line 

African has topped the list in the number of countries producing and exporting oil and gas in the world.

A quick look at the African countries mentioned that producing oil and gas will educate and inform you on places to get oil and gas in large quantities on the continent.

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