Gulf Oil and Gas accountACCOUNT

Africa Oil Supply - November 2012

Source: OPEC 12/5/2012, Location: Africa

Share |
Africaís oil production is predicted to decrease by 0.23 mb/d in 2012 to average 2.36 mb/d, unchanged from the previous MOMR. Egyptís supply forecast was revised down slightly on updated production data, but this did not affect the annual figure. Oil supply from Egypt, Equatorial Guinea and South Africa is seen to experience minor increases, while production from South Sudan and Sudan is seen to decline. South Sudan authorities have ordered operators to resume production that was halted early in 2012.

Reports suggested that the major part of the halted production will return within 90 days. According to preliminary and estimated data, during the first three quarters of 2012, Africaís supply is estimated to have declined by 0.26 mb/d, compared with the same period of 2011. On a quarterly basis, African output is seen to average n2.41 mb/d, 2.31 mb/d, 2.32 mb/d and 2.41 mb/d respectively.

Financials and Investment News in Sudan >>

Azerbaijan >>  10/17/2017 - SOCAR paid AZN 117 million 330 thousand to the State Budget for September of the current year. In general, for January-September 2017, SOCAR transferr...
Austria >>  10/16/2017 - OPEC crude for 2018 was revived up by more than 0.2 mb/d from the previous month to 33.1 mb/d representing an increase of 0.3 mb/d over 2017. ...

United Kingdom >>  10/16/2017 - NU-Oil and Gas plc was awarded Best Performing Share at the recent AIM Awards 2017. Best Performing Share is a factual award based on share price perf...
Norway >>  10/12/2017 - The cost of developing Totalís Martin Linge oil and gas field off the coast of Norway has risen by a further 1.4 billion Norwegian crowns ($177 millio...

Austria >>  10/11/2017 - OPEC crude in 2017 is estimated to be 32.8 mb/d, or 0.6 mb/d higher than in 2016. In 2018, OPEC crude is projected to reach 33.1 mb/d, about 0.3 mb/d...
Iraq >>  10/11/2017 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 39.50 million from the Kurdistan Regional Government as payment towards July 2017...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Sudan Oil & Gas 1 >>  2 | 3 |

More News

 

Oil & Gas Companies in Sudan >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.