South Africa Oil

Summary Table

Oil Reserves (2025)

Barrels Global Rank
Oil Reserves 15,000,000 #83 in the world

Production & Consumption (2024)

Barrels per day Global Rank
Oil Production 92,052 #49 in the world
Oil Consumption 612,110 #30 in the world
Daily Deficit -520,058

Trade Data (2018)

Oil Imports 59% of consumption
Oil Exports 8% of production
Net Imports 58% of consumption

Oil Reserves in South Africa (2025)

See also: List of countries by Oil Reserves

South Africa holds 15,000,000 barrels of proven oil reserves as of 2025, ranking #83 in the world and accounting for about 0.00085% of the world's total oil reserves of 1,765,151,568,000.

South Africa has proven reserves equivalent to 0.1 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 0 years of oil left (at 2024 consumption levels and excluding unproven reserves).


Oil Reserves
15,000,000 barrels
Global Rank: #83 | Share of World: 0.00085%
0 years of oil left
(at 2024 consumption levels)

History of Oil Reserves in South Africa


Oil Consumption in South Africa (2024)

See also: List of countries by Oil Consumption

  • South Africa consumes 612,110 barrels per day (B/d) of oil as of the year 2024.
  • South Africa ranks #30 in the world for oil consumption, accounting for about 0.60% of the world's total consumption of 102,559,503 barrels per day.
  • South Africa consumes 0.4 gallons of oil per capita every day (based on the 2024 population of 64,007,187 people), or 147 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in South Africa (2024)

See also: List of countries by Oil Production

  • South Africa produces 92,052 barrels per day of oil (as of 2024) ranking #49 in the world.
  • At 2024 production levels, South Africa produces every year about 223.99% of its proven reserves ( 2025).

Oil Imports (2018)

  • In 2018, South Africa imported 58% of its oil consumption (388,662 barrels per day out of 675,069 consumed).

History of Oil Consumption and Production


See also

Sources