FULL LIST: Africa’s Top Crude Oil Producers by Daily Output

Africa continues to be a key player in the global energy market, with several nations maintaining robust crude oil production that drives their economies and supports regional growth. Here are the five largest crude oil producers in Africa, ranked by daily output:

1. Nigeria – 1.549 Million Barrels per Day
Nigeria remains Africa’s leading crude oil producer, outputting 1.549 million barrels per day. Despite challenges such as oil theft and aging infrastructure, the country continues to rely heavily on petroleum exports while implementing reforms to attract new investment.

2. Libya – 1.299 Million Barrels per Day
Libya produces around 1.299 million barrels per day, with the sector managed by the National Oil Corporation (NOC). Oil remains a critical economic lifeline despite political instability, with ongoing efforts to maintain and expand production capacity.

3. Angola – 1.03 Million Barrels per Day
Angola ranks third, producing approximately 1.03 million barrels daily. The country continues to invest in deepwater exploration and advanced production technologies to stabilize output and attract international energy partners.

4. Algeria – 940,000 Barrels per Day
Algeria maintains steady production at about 940,000 barrels per day. Its hydrocarbon sector remains central to the economy, with new exploration and gas export projects contributing significantly to foreign exchange earnings.

5. Egypt – 507,000 Barrels per Day
Egypt produces around 507,000 barrels per day, rounding out the top five. The nation has been expanding its energy sector through offshore exploration, new projects, and regional energy partnerships, solidifying its role as a regional energy hub.

Leave a Reply

Your email address will not be published. Required fields are marked *