South Africa began producing condensate from its offshore
waters in 1992 and oil from the Oribi and Oryx fields in 1996. A series
of small fields have since been developed and output peaked in 2004. It
is projected that new small accumulations will be now just be able to
offset declines in existing fields.
Gas production began in 1992, at first used in the Mossgas GTL project.
There are many marginal gas and condensate fields in the country, which
will allow increased production, and a plateau for some years.
South Africa has no onshore potential for oil or gas.
consumption in South Africa has risens slowly since sanctions were
lifted with imports also rising but consumption is unlikely to grow much
more after higher prices quell demand after 2013.
Gas consumption is increasing both for industrial use and for conversion
to liquids in dedicated plants. The country began importing gas from
Mozambique by pipeline in 2004 and these will continue to increase.