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Country Analysis Briefs
Africa
Algeria is important to world energy markets because it is a significant hydrocarbons producer and exporter. Algeria is a member of OPEC and an important, growing energy source for Europe.

Angola is a leading African oil producer. Major offshore oil finds have also made Angola a key focus of hydrocarbon exploration in sub-Saharan Africa.

Egypt is a significant oil producer and a rapidly growing natural gas producer. The Suez Canal and Sumed Pipeline are strategic routes for Persian Gulf oil shipments, making Egypt an important transit corridor.

Recent offshore oil discoveries and the prospects for additional finds make Equatorial Guinea one of the leading areas for oil exploration in sub-Saharan Africa.

Libya is a major oil exporter, particularly to Europe. With the lifting of U.N. sanctions against Libya, oil companies are starting to resume and/or expand operations in Libya.

An OPEC member, Nigeria is the largest oil producer in Africa. The country is a major oil supplier to both Western Europe and the United States.

A major coal producer and exporter, South Africa also has a highly developed synthetic fuel industry and small reserves of oil.

Sudanese crude oil production and exports have risen rapidly over the past decade.

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