‹ Countries

Nigeria  

Country Analysis Brief Overview

  • Nigeria's hydrocarbon resources are the mainstay of the country's economy, but development of the oil and natural gas sectors is often constrained by instability in the Niger Delta.
  • For the last nine years, the U.S. has imported between 9-11 percent of its crude oil from Nigeria; however, U.S. import data for the first half of 2012 show that Nigerian crude is down to a 5 percent share of total U.S. crude imports.
  • Nigerian LNG exports to the U.S. substantially declined in 2011, while the country's LNG exports to Japan more than tripled in 2011.

Analysis Last Updated: October 16, 2012

Read full Country Analysis Brief


Overview data for Nigeria

+ EXPAND ALL
Petroleum (Thousand Barrels per Day)
2011
2012
   
History
Nigeria
Africa
OPEC
World
Rank
Nigeria
Total Oil Production 2,553.46 9,363 35,154 87,192 12
Crude Oil Production 2,550.35 8,571 31,724 74,070 10
Consumption 240.00 3,339 7,999 88,256 49 F
Net Export/Imports(-) 2,313.46 6,024 27,155 -- 179 NA
Total Oil Exports to U.S. NA NA NA NA
Refinery Capacity 445 3,220 8,987 88,097 39 445
Proved Reserves(Billion Barrels) 37.20 124 1,065 NA 10 37.20
Natural Gas (Billion Cubic Feet)
2010
2011
   
History
Nigeria
Africa
World
Rank
 
Nigeria
Production 1,024 7,373 111,333 25   1,107
Consumption 178 3,558 113,321 58   191
Net Export/Imports(-) 846 3,813 -- 83   917
Proved Reserves
(Trillion Cubic Feet)
185 495 6,669 8   187
Coal (Million Short Tons)
2010
2011
   
History
Nigeria
Africa
World
Rank
 
Nigeria
Production 0.009 286 7,954 66   0.009
Consumption 0.009 223 7,770 109   0.009
Net Export/Imports(-) 0.000 64 -- 85   0.000
Electricity (Billion Kilowatthours)
2009
2010
   
History
Nigeria
Africa
World
Rank
 
Nigeria
Net Generation 18.82 594 19,071 71   24.87
Net Consumption 17.66 530 17,360 68   20.38
Installed Capacity (GWe) 5.90 130 4,843 69   5.90
Total Primary Energy (Quadrillion Btu)
2009
2010
   
History
Nigeria
Africa
World
Rank
 
Nigeria
Production 5.714 36 487 19   6.376
Consumption 0.677 16 488 70   0.730
Energy Intensity
(Btu per 2005 U.S. Dollars)
2,316 5,405 7,461 167   2,330
Carbon Dioxide Emissions (Million Metric Tons of CO₂)
2009
2010
   
History
Nigeria
Africa
World
Rank
 
Nigeria
Total from Consumption of Fossil Fuels 74.14 1,116 29,778 44   80.51

-- = Not applicable; NA = Not available; F = Forecast value
Sources: EIA. For more detailed data, see International Energy Statistics.

Data last updated: February 12, 2013

Other briefs related to Nigeria

OPEC Revenue Fact Sheet


Related International Information

International Energy Statistics

International Energy Outlook yearly energy projections through 2035

Short Term Energy Outlook monthly energy projections through 2014

Annual Energy Outlook yearly US energy projections through 2040

Sign Up for Email Updates