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SUPPLY
Production of heavy oil from the Tsimiroro field began
onshore Madagascar in 2008 and output from this field is expected to
grow slowly. By 2018 the Bemolanga oil sands development is expected to
begin operations, significantly increasing Madagascan capacity.
No offshore oil and no onshore or offshore oil or gas production is
expected before 2020.
DEMAND
Madagascar has seen increasing oil consumption since
1999, all of which was imported before 2008. Consumption is expected to
continue to increase but imports will flatten off.
The country consumes no gas.
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