Middle East / Africa

South Africa flag
Summary | Profile

Country profile: South Africa

Location: Southern Africa, at the southern tip of the continent of Africa
Climate: mostly semiarid; subtropical along east coast; sunny days, cool nights
Terrain: vast interior plateau rimmed by rugged hills and narrow coastal plain
Size: 1219912 sq. km total (Land area: 1219912 sq. km )
Population: 43,786,115
Languages: IsiZulu 23.8%, IsiXhosa 17.6%, Afrikaans 13.3%, Sepedi 9.4%, English 8.2%, Setswana 8.2%, Sesotho 7.9%, Xitsonga 4.4%, other 7.2% (2001 census)
Government: republic
Capital city: Pretoria (administrative capital)
Legal system: based on Roman-Dutch law and English common law; has not accepted compulsory ICJ jurisdiction
Currency: rand (ZAR)
Licensing:

Country profile

The South African government is seeking to increase jobs and promote business development throughout the country with the hope of reaching annual 6.0 percent GDP growth in the future. In 2006, South Africa’s real gross domestic product (GDP) growth rate was 4.6 percent. The South African government has committed to ensuring that black-owned companies have access to the energy sector. Under its black economic empowerment (BEE) program, the South African government has set targets of 25 percent BEE ownership of energy companies by 2014.

Large, predominately white-owned corporations have sold assets to achieve this objective, with the first sale occurring in 2000. BEE firms are commonly referred to as “empowerment” firms. The bulk of South Africa’s energy consumption mix is comprised of coal, which the country primarily uses to produce synthetic fuels. South Africa also consumes a substantial amount of oil. Only a small percentage of the energy consumption mix is comprised of natural gas and nuclear.

Energy production and consumption


Oil Gas
Production: 200,000 bbl/day (2006 est.) 2 billion cu m (2005 est.)
Consumption: 519,000 bbl/day (2006 est.) 2 billion cu m (2005 est.)
Exports: 217,700 bbl/day (2004 est.)  
Imports: 319,000 bbl/day (2004 est.)  
Reserves: 15 million bbl (1 January 2007 est.) 27 million cu m (1 January 2006 est.)
Major fields:



South Africa - recent news

09 Apr 24
South Africa: Nordex Group receives orders for 295 MW from EDF Renewables in South Africa
EDF Renewables has placed orders with the Nordex Group for two wind energy projects in South Africa. The Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW.
26 Mar 24
South Africa: Nordex Group obtains order for 336 MW in South Africa
The Nordex Group has obtained an order to supply and install 57 N163/5.X turbines from the Delta4000 series in South Africa. The order is for a cluster of three wind farms with 112.1 MW each. The wind farms are located in the Eastern Cape Province where the area benefits from very good wind conditions.
18 Mar 24
South Africa: Chariot to undertake strategic review of it's transitional power division
AIM-listed Chariot, the Africa focused transitional energy group, has announced that following detailed discussions with the Board, management, and advisors, it is undertaking a strategic review of Chariot's Transitional Power division. Transitional Power focuses on providing sustainable power and water solutions in Africa, which includes renewable energy generation projects and electricity trading.
06 Mar 24
South Africa: TotalEnergies expands its presence in the Orange Basin with a new offshore exploration licence
TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure.
31 Jan 24
South Africa: Etana Energy signs energy supply deal with Growthpoint Properties
Chariot Limited, the Africa focused transitional energy group, reports that Etana Energy, the electricity trading platform in which Chariot owns a 49% interest, has signed a milestone Power Purchase Agreement with Growthpoint Properties to supply them with 195GWh of renewable energy a year.

South Africa - more news

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