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South Africa Oil and Gas Report Q2 2009.

Publication: M2 Presswire
Publication Date: 30-APR-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 April 2009-www.companiesandmarkets.com: South Africa Oil and Gas Report Q2 2009(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:30042009

-www.companiesandmarkets.com adds new report: South Africa Oil and Gas Report Q2 2009

This report forecasts that South Africa will account for 14.38% of African regional oil demand by 2013, with negligible domestic crude production but a growing synthetic oil capability. African regional oil use of 2.98mn barrels per day (b/d) in 2001 rose to an estimated 3.65mn b/d in 2008. It should average 3.73mn b/d in 2009 and then rise to around 4.15mn b/d by 2013. Regional oil production was 7.84mn b/d in 2001, and in 2008 averaged an estimated 10.46mn b/d. It is set to rise to 12.52mn b/d by 2013. South Africa in 2008 accounted for an estimated 0.13% of regional oil supply, and its market share is expected to be 0.13% by the end of...

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