African share of recoverable oil resources by region 2018

Libya accounted for around 23 percent of the recoverable oil resources in Africa as of 2018, while Nigeria accounted for the second largest share of resources, with approximately 16 percent. The total recoverable oil resources in Africa amounted to 450 billion barrels as of that time.

Distribution of recoverable oil resources in Africa in 2018 by region*

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Source

Release date

November 2019

Region

Africa

Survey time period

2018

Supplementary notes

*Shares correspond to a total of 450 billion barrels of recoverable oil resources.

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