Oil & Gas - Page 2 - Intelpoint

The United States dominates global natural gas production in 2024, contributing 1.03 trillion cubic metres (Tcm), nearly one-quarter of the world’s total.
Russia (0.63Tcm) and Iran (0.26Tcm) follow as the second and third largest producers.
China (0.25Tcm) and Canada (0.19Tcm) also feature strongly, rounding out the top five producers.
Collectively, these top five countries account for more than 50% of global production.
Emerging producers like Nigeria, Egypt, and Azerbaijan contribute significantly to the supply but remain far behind the leading nations.

India produced 25.4 million metric tonnes of ginger since 1961 — more than any other country by far.
India’s 2021 harvest of 2.22 million tonnes is the highest single-year output ever recorded.
Nigeria is now the second-largest global producer, but its total output (10.1 million tonnes) is less than half of India’s.
Global ginger production is highly volatile, with year-on-year changes fluctuating by an average of nearly 10%.
Just five countries — India, China, Nigeria, Nepal, and Indonesia — account for the vast majority of global output.
Production has expanded over time, but remains concentrated in Asia and parts of Africa.

Nigeria led with 78.9 Mtoe, accounting for over 22% of Africa’s total oil output.
Algeria (59.3 Mtoe) and Angola (57.4 Mtoe) followed closely; the three top producers together supplied] 56% of the continent’s oil.
Africa’s total oil production was 345.5 Mtoe, just 7.6% of the global total (4,542.7 Mtoe).
The top 5 producers accounted for over 80% of Africa’s oil.

The United States of America led the production of black liquor with 696.0PJ produced making up 38.9% of the global total produced in 2023.
South Africa is the only African country producing black liquor with 16.4PJ produced making up 1% of the global total.
The total amount of black liquor produced globally in 2023 was 1,787PJ.
Sweden, Canada, Finland and Japan produced 185.1PJ - 10.4%, 157.9PJ - 8.8%, 142.5PJ - 8.0% and 133.0PJ - 7.4% respectively.

In 2023, South Africa produced 1.199 million tonnes of apples, making 32.5% of the total quantity of apples produced in Africa.
Only ten countries in Africa produced apples, making 3.8% of the global total of apples produced.
South Africa exported over 50% of the apples it produced in 2023.
Nigeria didn't produce but imported 44.73K tonnes of apples.

The Democratic Republic of Congo is the highest charcoal-producing country in Africa with 274.62PJ (petajoules) of charcoal produced in 2023.
Nigeria is the ninth country on the list, with 43.76PJ.
The total amount of charcoal produced in Africa in 2023 was 1,367.26PJ.
Africa claims 69.2% of the total quantity of charcoal produced globally.

Guinea-Bissau showed the highest agricultural contribution to its GDP at 36.8% in 2024.
Contributions range widely, with high reliance seen in Comoros (36.6%) and Ethiopia (34.9%), contrasting with lower percentages in DR Congo (17.1%) and Angola (16.4%).
Agriculture, forestry, and fishing contributed a notable 20.4% to Nigeria's GDP in 2024.
Countries with high agricultural GDP contributions are predominantly located in West and East Africa.

Venezuela and Iran offer diesel at nearly free prices, charging just $0.004 and $0.006 per litre respectively, the lowest globally.
Libya leads Africa with diesel priced at only $0.028 per litre, making it the third cheapest worldwide.
Six African countries—Libya, Algeria, Egypt, Angola, Nigeria and Sudan—feature in the global top 20 for the lowest diesel prices.
Nigeria ranks 17th globally, with diesel priced at $0.658 per litre, despite recent subsidy removals and price hikes.

The value of agricultural goods exported in Q1 2025 rose to ₦1.70 trillion, up 64.65% year-on-year and 10.63% quarter-on-quarter, highlighting continued growth in the sector.
Standard and superior cocoa beans led the chart, contributing a combined ₦1.23 trillion, with major buyers being The Netherlands (₦344.17B) and Belgium (₦203.17B).
Cashew nuts in shell earned ₦157.63B, mostly exported to India (₦87.56B) and Vietnam (₦69.74B), while sesamum seeds brought in ₦128.18B.
Soya bean flours and ornamental flowers fetched ₦27B and ₦18B respectively, showing Nigeria's export mix is broadening.

Guinea-Bissau showed the highest agricultural contribution to its GDP at 36.8% in 2024.
Contributions range widely, with high reliance seen in Comoros (36.6%) and Ethiopia (34.9%), contrasting with lower percentages in DR Congo (17.1%) and Angola (16.4%).
Agriculture, forestry, and fishing contributed a notable 20.4% to Nigeria's GDP in 2024.
Countries with high agricultural GDP contributions are predominantly located in West and East Africa.

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