Middle East / Africa
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 )|
|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)|
|Capital city:||Pretoria (administrative capital)|
|Legal system:||based on Roman-Dutch law and English common law; has not accepted compulsory ICJ jurisdiction|
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
|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.)|
South Africa - recent news
|03 Aug 20
||South Africa: Sasol invites bidders for the development of solar power at its facilities in South Africa
Sasol has invited interested bidders to participate in a Request for Proposals (RFPs) process for the development of two embedded 10MW Solar Photo-Voltaic (PV) facilities at its South African operations – one in Secunda, Mpumalanga and another in Sasolburg, Free State – as part of its response to climate change.
|05 Jul 20
||South Africa: Africa Energy announces Odfjell rig mobilisation for multi-well drilling program on Block 11B/12B, offshore South Africa
Africa Energy has announced that the Odfjell Deepsea Stavanger semi-submersible rig has departed Bergen, Norway for South Africa to commence the upcoming multi-well drilling program on Block 11B/12B.
|02 Jul 20
||South Africa: Odfjell Drilling reports the Deepsea Stavanger has started its mobilization to South Africa
Odfjell Drilling reports that, following the notice from 19 May 2020, the Deepsea Stavanger has started its mobilization to South Africa under the Total contract.
|12 Jun 20
||South Africa's cabinet gives go ahead for single state-owned petroleum entity
South Africa’s cabinet has approved the merger of three state-owned oil and gas firms to form a single national oil company, as it tries to cut debt by reducing the number and increase the competitiveness of state-owned firms. PetroSA, iGas and the Strategic Fuel Fund (SFF) will be merged to form the National Oil Company,
|19 May 20
||South Africa: Odfjell Drilling to idle Deepsea Stavanger rig prior to drilling for Total in South Africa
Due to ongoing restrictions related to the coronavirus (COVID-19) pandemic, Odfjell Drilling and Total South Africa have agreed that the semi-submersible Deepsea Stavanger will remain idle in Norway for a period prior to the mobilisation of the rig.
South Africa - more news
Other countries in this region
- Central Africa Republic,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Equatorial Guinea,
- Guinea (Republic),
- Guinea Bissau,
- Sao Tome,
- Saudi Arabia,
- Sierra Leone,
- South Sudan,
- United Arab Emirates,
- Western Sahara,