Oil and Gas Supply - Africa and the Middle East (A 10-year projection and review of oil and gas production and consumption)

Introduction

Having witnessed in 2008 the first major signal that future conventional oil and gas supplies will become much harder to find and more expensive to develop, Datamonitor is publishing this analysis of deep water production around the world. As secure energy supplies become increasingly difficult and expensive to extract, an accurate forecast of supply/demand dynamics becomes more important.

Historically, global economic recessions have led to declining energy demand, but the resultant lower prices have soon led to a recovery in demand and then prices, especially as OPEC has acted to rein in output to tighten supply. This trend has already been reflected in the oil markets to some degree. In the gas sector, supplies will be available only if investment in infrastructure, above all long-distance pipelines and LNG conversion and receiving plants, is well advanced.

Key findings and highlights

•   Algria has large non-associated gas reserves including the giant Hassi R’Mel field, along with associated gas output. Gas production is projected to expand rapidly as new markets are exploited in Southern Europe, although growth is likely to flatten off   towards the end of the decade.
•   Angolan oil supply, at first largely from shallow waters off the coast of Cabinda, would have peaked in the late 1990s had it not been for the huge deep water potential recognized in the mid-1990s. This led to significant expansion in oil output and continued growth is forecast up to 2017 after a brief decline in 2009 because of OPEC obligations.
•   Nigerian oil consumption declined after 2005 but is now   increasing slowly, while exports have been flat. Exports are expected to grow from 2010, reaching a peak in 2013. Gas consumption is increasing as the country attempts to make more use of its produced and wasted gas volumes. 

Reasons to buy

•   Gain understanding of which markets will see increased production levels over the next decade 
•   Identify potential commercial opportunities through an understanding of changing demand and supply dynamics in specific markets 
•   Analyse the changing balance between on and offshore production

OVERVIEW

•   Catalyst
•   Content summary

EXECUTIVE SUMMARY

•   Introduction
•   Supply pressures
•   Price spikes
•   Outlook in 2010 and beyond

AFRICA AND THE MIDDLE EAST

•   Africa
•   Middle East

APPENDIX

•   Glossary
•   Methodology
•   Ask the analyst
•   Datamonitor consulting
•   Disclaimer

TABLE OF FIGURES

Figure 1:   Algeria oil production forecast
Figure 2:   Algeria gas production forecast
Figure 3:   Algeria oil and gas consumption forecast
Figure 4:   Algeria oil and gas trade balance
Figure 5:   Angola oil production forecast
Figure 6:   Angola gas production forecast
Figure 7:   Angola oil and gas consumption forecast
Figure 8:   Angola oil and gas trade balance
Figure 9:   Benin oil production forecast
Figure 10:  Benin gas production forecast
Figure 11: Benin oil and gas consumption forecast
Figure 12: Benin oil and gas trade balance
Figure 13: Cameroon oil production forecast
Figure 14: Cameroon gas production forecast
Figure 15: Cameroon oil and gas consumption forecast
Figure 16: Cameroon oil and gas trade balance
Figure 17: Chad oil production forecast
Figure 18: Chad gas production forecast
Figure 19: Chad oil and gas consumption forecast
Figure 20: Chad oil and gas trade balance
Figure 21: Congo (Brazzaville) oil production forecast
Figure 22: Congo (Brazzaville) gas production forecast
Figure 23: Congo (Brazzaville) oil and gas consumption forecast
Figure 24: Congo (Brazzaville) oil and gas trade balance
Figure 25: Congo (Kinshasa) oil production forecast
Figure 26: Congo (Kinshasa) gas production forecast
Figure 27: Congo (Kinshasa) oil and gas consumption forecast
Figure 28: Congo (Kinshasa) oil and gas trade balance
Figure 29: Cote d’Ivoire (Ivory Coast) oil production forecast
Figure 30: Cote d’Ivoire (Ivory Coast) gas production forecast
Figure 31: Cote d’Ivoire (Ivory Coast) oil and gas consumption forecast Figure 32: Cote d’Ivoire (Ivory Coast) oil and gas trade balance
Figure 33: Egypt oil production forecast
Figure 34: Egypt gas production forecast
Figure 35: Egypt oil and gas consumption forecast
Figure 36: Egypt oil and gas trade balance
Figure 37: Equatorial Guinea oil production forecast
Figure 38: Equatorial Guinea gas production forecast
Figure 39: Equatorial Guinea oil and gas consumption forecast Figure 40: Equatorial Guinea oil and gas trade balance
Figure 41: Gabon oil production forecast
Figure 42: Gabon gas production forecast
Figure 43: Gabon oil and gas consumption forecast
Figure 44: Gabon oil and gas trade balance
Figure 45: Ghana oil production forecast
Figure 46: Ghana gas production forecast
Figure 47: Ghana oil and gas consumption forecast
Figure 48: Ghana oil and gas trade balance
Figure 49: Libya oil production forecast
Figure 50: Libya gas production forecast
Figure 51: Libya oil and gas consumption forecast
Figure 52: Libya oil and gas trade balance
Figure 53: Madagascar oil production forecast
Figure 54: Madagascar gas production forecast
Figure 55: Madagascar oil and gas consumption forecast Figure 56: Madagascar oil and gas trade balance
Figure 57: Mauritania oil production forecast
Figure 58: Mauritania gas production forecast
Figure 59: Mauritania oil and gas consumption forecast Figure 60: Mauritania oil and gas trade balance
Figure 61: Morocco oil production forecast
Figure 62: Morocco gas production forecast
Figure 63: Morocco oil and gas consumption forecast Figure 64: Morocco oil and gas trade balance
Figure 65: Mozambique oil production forecast
Figure 66: Mozambique gas production forecast
Figure 67: Mozambique oil and gas consumption forecast Figure 68: Mozambique oil and gas trade balance
Figure 69: Namibia oil production forecast
Figure 70: Namibia gas production forecast
Figure 71: Namibia oil and gas consumption forecast Figure 72: Namibia oil and gas trade balance
Figure 73: Nigeria oil production forecast
Figure 74: Nigeria gas production forecast