ANALYSIS
The 5 African countries most dependent on American oil
African countries have decided to import American crude oil to compensate for a production shortfall in a context of high energy demand.
Although Africa has significant reserves of natural resources (oil, cobalt, diamonds, platinum, uranium), the majority of African countries continue to source their crude oil from the United States.
According to the International Energy Agency (IEA), five of the world's top 30 oil producers are African nations: Nigeria, Angola, Algeria, Libya and Egypt. These countries account for 4.5% of the world's oil supply.
At present, the United States is the world's leading oil producer, accounting for around 17.5% of global production and exporting its surpluses to countries with production deficits.
The five main African countries importing American crude oil are :
1. Nigeria
Nigeria is Africa's leading importer of US crude oil, with a volume of 125 million barrels per day (Mbbl/d). Worldwide, it ranks 11th among importing countries.
2. Libya
Libya ranks second, importing 91 Mbbl/d, making it the world's 14th largest importer of US crude oil.
3. Ghana
Ghana is third, with an import volume of 51 Mbbl/d, ranking 17th in the world.
4. Algeria
A major oil and gas producer, Algeria ranks fourth with 40 Mbbl/d, occupying 19th place worldwide.
5. Angola
Despite being a major oil producer, Angola ranks fifth in Africa and 25th worldwide, with imports of 36 Mbbl/d.
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