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African energy consumption

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BP project that Africa will experience the world’s fastest regional energy demand growth, driven by urbanisation, rising populations, and strong GDP growth. The company also believes that Africa will remain a significant exporter of oil and gas. Below are a few reasons why:

  • In 2035, Africa will have 21% of the world’s population compared to 15% today. The region will also account for 44% of the global increase.
  • Energy demand is projected to grow by 93% between today and 2035, much faster than the global average of 41%. However, African demand will make up just 4% of the global total.
  • Fossil fuels will account for 86% of demand in 2035 with natural gas and oil both expanding at 109% and 69% respectively.
  • Oil remains the dominant fuel flowed by gas and then coal.
  • CO2 emissions will increase by 76% compared to the global average of 29%. However, energy use per capita will be just 21% of the global average.
  • Energy production will grow by 47% and remains dominated by oil. Oil’s share, however, shrinks from 55% today to 38% in 2035 with natural gas rising to 35%.
  • Africa currently exports a significant amount of is energy production, but growing domestic demand will reduce this ratio to 36% by 2035.
  • The region will remain an important source of global oil and natural gas supply, accounting for 10% of global oil and 9% of natural gas production in 2035.
  • Africa will remain an important exporter of natural gas, responsible for 23% in inter regional exports in 2035. It will also account for 10% of inter regional oil exports.
  • The increase in combined oil and gas production in Africa between today and 2035 is bigger than in any of the BRIC countries.
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8 Comments on "African energy consumption"

  1. J-Gav on Mon, 20th Jan 2014 6:45 pm 

    Hmmm, maybe, but 2035 is a long way off.

  2. shortonoil on Mon, 20th Jan 2014 6:55 pm 

    This is the same company that said they could safely drill a 35,000 foot well through a pile of broken rock. The Macando well blew, and Deep Water Horizon went to the bottom. They settled for $4.5 billion in fines, which they now are arguing that they shouldn’t have to pay. The fishing industry is dead along much of the Gulf Coast, and the damage done by the 2 million gallons of Corexit that they poured into the gulf to hide the spill may never be known.

    If BP told me the shy was blue — I would go outside and look.

  3. robertinget on Mon, 20th Jan 2014 7:02 pm 

    He may be shortonoil but not brains.

  4. Ghung on Mon, 20th Jan 2014 7:22 pm 

    I missed the part where the profits coming from the exploitation of Africa’s resources actually stay in Africa. Silly me.

  5. Plantagenet on Mon, 20th Jan 2014 9:03 pm 

    I was just in Africa—economic development is happening rapidly there.

    I have no doubt their need for energy is growing rapidly as well.

  6. yellowcanoe on Mon, 20th Jan 2014 9:03 pm 

    Guess we’d better buy as much oil as we can from Nigeria and Sudan before Africans realize they are going to need that oil themselves!

  7. Makati1 on Tue, 21st Jan 2014 1:51 am 

    yellowcanoe, they already know. he entire center of Africa, where the oil is supposed to be, is being invaded by the Empire as we type and it is to counter China’s hold on Africa. I have a world map on my wall and I color in the countries where the US/NATO is causing trouble and the whole heart of Africa is blood red, and many other countries have red hash marks showing CIA activity. The US is in over 135 countries today, including the Philippines, militarily or covertly.

  8. RICHARD RALPH ROEHL on Tue, 21st Jan 2014 9:49 pm 

    Fool! The exponential growth of the human baboony population and the global consumer economy on Planet Over-birth Earth, a fragile host organism of FINITE space and FINITE resources, cannot be sustained much longer.

    By 2035… most nations on Earth will be suffering ‘Mad Max’ $cenarios. By 2050-2060, the United States of Perpetual War Profiteering will no longer exist. And by 2100, humanity will be perched at the edge of EXTINCTION.

    The ongoing radioactive contamination horror of
    Fukushima and global climate oscillation are just the beginning.

    Enjoy! Old Coyote Knose that ewe-folks reap what ewe sow.

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