Sub-Saharan Africa Oil and Gas Report - Business Monitor International - Industry Reports

Sub-Saharan Africa Oil and Gas Report

Sub-Saharan Africa Oil and Gas Report - Business Monitor International - Industry Reports
Sub-Saharan Africa Oil and Gas Report
Published Oct 01, 2016
72 pages — Published Oct 01, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Consumption is heavily concentrated in Algeria, Egypt, Nigeria and South Africa, which will account for --.- of the regional total in ----. We forecast these four majors to consume --.- of Africa s refined fuels in ----. ...We forecast these four majors to consume --.- of Africa s refined fuels in ----. Strong growth in a number of peripheral markets in both East Africa (Mozambique, Tanzania and Uganda) and West Africa (Cameroon, Congo-Brazzaville, Ghana and Gabon) will only partly dilute their share of consumption. Subsidy reforms in Egypt are driving a slower pace of consumption growth, averaging -.- over the --- year period. ...Of greater concern, the commodity price slump has exacerbated existing structural weaknesses in the economies of Algeria, Nigeria and South Africa, worsening growth outlooks. A sustained slowdown of growth in these countries could have significant feed through effects on regional consumption levels.

...Sustained lower oil prices will be a major driver behind structural decline in the region s production. Cutbacks in spending in higher cost and higher risk areas are putting a number of African markets and several key projects at a disadvantage; for instance, those offshore Tanzania and Mozambique or in deepwater West Africa are facing a high risk of cancellation or delay. ...Sustained lower oil prices will be a major driver behind structural decline in the region s production. Cutbacks in spending in higher cost and higher risk areas are putting a number of African markets and several key projects at a disadvantage; for instance, those offshore Tanzania and Mozambique or in deepwater West Africa are facing a high risk of cancellation or delay. Among the region s major maturing producers, several are battling falls in output. ...Algeria boasts relative fiscal and regulatory stability, but contract terms are poor and the dominance of national oil company Sonatrach is a major deterrent to investment. These dynamics are unlikely to change, posing little upside risk to our ---year forecast.

...Source: National sources, BMI Several countries - notably Libya and South Sudan - are producing significantly below production capacity. Pervasive security threats have triggered repeated outages, contributing to high volatility in output in recent years. Given the degree of social and political fragmentation in these countries and the deeply entrenched nature of the conflicts, prospects for a full recovery in production are relatively poor. West Africa is a regional bright spot and we forecast net output additions of ---,---b/d in Angola, Congo- Brazzaville and Ghana combined in ---- and ----. ...

  
Source:
Document ID
2398-0826
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Sub-Saharan Africa Oil and Gas Report" Oct 01, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Sub-Saharan-Africa-Oil-and-Gas-Report-2026-1959>
  
APA:
Business Monitor International - Industry Reports. (2016). Sub-Saharan Africa Oil and Gas Report Oct 01, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Sub-Saharan-Africa-Oil-and-Gas-Report-2026-1959>
  
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