Africa's Petroleum Industry
Abstract
This presentation on Africa's petroleum industry makes the following key points: (1) West Africa is a strategic supplier to the U.S./global market, (2) Africa's role in the global market is expected to increase in the medium term, (3) China and India represent competitors with additional bargaining tools -- downstream investment and abundant capital, (4) threats to stability of supply are more internal than external, and (5) increasing political stability in producer countries is the key to reducing supply risk. The briefing charts discuss the following topics: why is African oil strategic?, Africa's increasing importance as an oil producer and supplier, Chinese and Indian influence in Africa in terms of competition for oil supplies and investments in African refining, vulnerabilities in infrastructure and threat of supply disruption, enhancing U.S. energy security, and policy steps the United States could take to enhance its energy security vis-a-vis Africa. The briefing charts include tables, figures, and graphs that present the following information: the top producers, consumers, exporters, and importers of oil in the world; global oil production by region; the top producers and consumers of oil in Africa; the top 15 oil suppliers to the United States; expected market value of West African crude oil production; and a forecast of oil production in Africa from 1981 to 2019.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 15, 2005
- Accession Number
- ADA441207
Entities
People
- David L. Goldwyn
Organizations
- National Defense University