Nigeria is expected to dominate crude production outlook from greenfield projects in sub-Saharan Africa over next six years. According to GlobalData, Nigeria will contribute 46 percent of total crude production from planned and announced projects by 2025.
The company’s report: ‘H1 2019 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in Sub-Saharan Africa – Nigeria Dominates Crude Production and Capex Outlook’ reveals that besides crude production, Nigeria will also contribute 25 percent of sub-Saharan Africa’s total natural gas production from planned and announced projects in 2025.
Nigeria leads sub-Saharan Africa with crude and condensate production of 1,046,940 barrels per day (bd) in 2025. Angola follows Nigeria with production of 422,652 bd in 2025. Nigeria and Angola together will contribute around 65 percent of total crude production in 2025. Uganda, Congo Republic and Chad are the next biggest contributors, with around 15 percent of sub-Saharan Africa’s total crude and condensate production from planned and announced projects.
Dipayan Chakraborty, Oil & Gas Analyst at GlobalData, commented: “Nigeria is continuing to ramp-up its crude and natural gas production mainly for exports. Major crude oil projects such as Bonga Southwest/Aparo, and Owowo West, and gas projects such as Ohaji South and Uzu will help the country to maintain production lead in sub-Saharan Africa”
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