Africa's oil: potential and implications

Gawdat Bahgat

OPEC Energy Review, 2007, vol. 31, issue 2, 91-104

Abstract: On 1 January 2007, the Republic of Angola officially joined the Organization of the Petroleum Exporting Countries (OPEC). Luanda's accession is the first change in the organization's membership in more than three decades. This significant development demonstrates Africa's growing contribution to the overall global energy security. This study examines the oil outlook of the major producers in the continent: Nigeria, Angola and Sudan. It also analyses the growing interdependence between major oil consuming nations (the United States, China and the European Union) and African producers. The contention is that increasing production from Africa and consolidating partnership with OPEC Members will contribute to global energy security and further enhance cooperation between producers and consumers.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1111/j.1468-0076.2007.00178.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:opecrv:v:31:y:2007:i:2:p:91-104

Ordering information: This journal article can be ordered from
http://ordering.onli ... /%28ISSN%291753-0237

Access Statistics for this article

OPEC Energy Review is currently edited by Angela U. Agoawike

More articles in OPEC Energy Review from Organization of the Petroleum Exporting Countries
Bibliographic data for series maintained by Wiley Content Delivery ().