How many oil and gas projects are in South Africa?
South Africa is making progress with expanding its oil and gas sector, with 15 projects currently in the pipeline from between 2023 and 2027.
Can South Africa become an oil and gas producing region?
With the oil and gas discoveries made onshore and offshore South Africa, the country is at the cusp of becoming an oil and gas producing region. Political support is required to accelerate the development of the upstream oil and gas projects to resolve the country’s energy challenges and contribute to the economic recovery.
Does South Africa have oil & gas?
By Rob Hersov South Africa is potentially well endowed with oil and gas. The Petroleum Agency SA (PASA) estimates that the country holds 27 billion barrels (bbls) and 60 trillion cubic feet (tcf) of prospective oil and gas resources on the south, west, and east coasts.
How much crude oil is produced in South Africa?
South Africa Crude Oil: Production was reported at 2.642 % in Jan 2024 See the table below for more data. Includes Crude Oil: Production on 62 economies standardised by CEIC. Instant access to full history data in excel.