South Africa Oil

Oil Reserves in South Africa

See also: List of countries by Oil Reserves

South Africa holds 15,000,000 barrels of proven oil reserves in the world as of 2016, ranking #86 in the world and accounting for about 0.00091% of the world’s total oil reserves of 1,650,585,140,000.

South Africa has proven reserves equivalent to 0.1 times its annual consumption levels. This means that, without imports, there would be about 0 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in South Africa

Oil Consumption in South Africa

See also: List of countries by Oil Consumption

• South Africa consumes 640,000 barrels per day (B/d) of oil as of the year 2016.

• South Africa ranks #29 in the world for oil consumption, accounting for about 0.66% of the world’s total consumption of 97,103,871 barrels per day.

• South Africa consumes 0.47 gallons of oil per capita every day (based on the 2016 population of 57,259,551 people), or 171 gallons per capita per year (4 barrels). [1 barrel = 42 US Gallons]

Oil Production in South Africa

See also: List of countries by Oil Production

• South Africa produces 136,517 barrels per day of oil (as of 2016) ranking #42 in the world.

• South Africa produces every year an amount equivalent to 332.19% of its total proven reserves (as of 2016).

Oil Imports

• South Africa imports 64% of its oil consumption (407,513 barrels per day in 2016).

History of Oil Consumption and Production