Africa Oil Supply - March 2016
Source: OPEC 3/22/2016, Location: Africa
Africa’s oil supply decreased by 10 tb/d y-o-y to average 2.37 mb/d in 2015 and is expected to experience a further decline of about 20 tb/d in 2016 to average 2.34 mb/d. This has been revised up by 10 tb/d over last month’s estimation. Declines are expected from Egypt, Equatorial Guinea, Gabon and the Sudans.