According to the BP Annual Statistical Review of Energy, published in July 2021, the continent produced 7.8% of the global supply of oil. The review does not only cover black gold, but also the continent’s natural gas and coal resources.
It is also looking ahead to the future, giving exact figures for renewable energy production such as solar, wind and biofuels. However, oil remains the most widely used energy source in the world. We’ve reviewed the countries claiming to have the best raw materials buried in their soil.
Algeria: Sahara Blend – the Hassi Messaoud gem
This crude oil from North Africa is extremely light sweet and contains less than 0.05% sulphur. Western refineries greatly value it for its light derivatives such as petroleum or kerosene.
According to the Organisation of the Petroleum Exporting Countries (OPEC) Monthly Oil Market Report, published on 12 August 2021, Algerian
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