In 2018, the production of oil and gas in Africa generated over 130 billion U.S. dollars in net income. The amount corresponded to the difference between the costs of production and the sales done by ten leading producing countries in the continent. From 2000 onwards, the net income has fluctuated. In general, oil production generated more income than gas production.
Net income from oil and gas production in leading ten producers in Africa from 2000 to 2018
(in billion 2018 U.S. dollars)
According to the source, "net income from oil and gas production is defined as the difference between the costs of various types of oil and gas production and the value realized from their sale on either domestic or international markets".
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IEA. (December 6, 2019). Net income from oil and gas production in leading ten producers in Africa from 2000 to 2018 (in billion 2018 U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1198635/net-income-from-oil-and-gas-production-in-africa/
IEA. "Net income from oil and gas production in leading ten producers in Africa from 2000 to 2018 (in billion 2018 U.S. dollars)." Chart. December 6, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1198635/net-income-from-oil-and-gas-production-in-africa/
IEA. (2019). Net income from oil and gas production in leading ten producers in Africa from 2000 to 2018 (in billion 2018 U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1198635/net-income-from-oil-and-gas-production-in-africa/
IEA. "Net Income from Oil and Gas Production in Leading Ten Producers in Africa from 2000 to 2018 (in Billion 2018 U.S. Dollars)." Statista, Statista Inc., 6 Dec 2019, https://www.statista.com/statistics/1198635/net-income-from-oil-and-gas-production-in-africa/
IEA, Net income from oil and gas production in leading ten producers in Africa from 2000 to 2018 (in billion 2018 U.S. dollars) Statista, https://www.statista.com/statistics/1198635/net-income-from-oil-and-gas-production-in-africa/ (last visited December 22, 2024)
Net income from oil and gas production in leading ten producers in Africa from 2000 to 2018 (in billion 2018 U.S. dollars) [Graph], IEA, December 6, 2019. [Online]. Available: https://www.statista.com/statistics/1198635/net-income-from-oil-and-gas-production-in-africa/
