African crude oil confirms the continent's growing role in global supply: oil production across the continent is rising fast. Between the spectacular rebound in Libyan output and new discoveries in West Africa, fresh opportunities are opening up for crude oil buyers and traders.
Libya: production at its highest in thirteen years
Libyan oil production has approached 1.5 million barrels per day, a level not seen since 2013. This recovery is built on a series of production-sharing contracts signed with major international players in the sector, who are investing to restart and modernize the country's fields.
The Libyan authorities now aim to reach 2 million barrels per day by the end of the decade, which would make Libya a leading supplier on the Mediterranean market.
Key takeaway: the ramp-up in Libyan production diversifies the supply sources available to European and Mediterranean buyers.
West Africa: new oil frontiers
Beyond Libya, West Africa is continuing its rise. Ivory Coast and several Gulf of Guinea countries are stepping up exploration campaigns and regularly announcing new discoveries. These emerging fields strengthen the region's appeal to investors and energy traders.
For buyers, this geographic diversification is a valuable lever to reduce dependence on a limited number of suppliers and better manage geopolitical risk.
African crude oil: what opportunities for buyers?
- Access new crude oil supply sources on the African market.
- Diversify the portfolio between Spanish certificates (CAE) and neighboring schemes such as the French CEE.
- Rely on a broker with an international network and payment expertise (letter of credit, wire transfer).
E-Station support
As an energy broker, E-Station supports crude oil buyers and traders on international markets, including African ones. Our team identifies supply sources, negotiates volumes and secures financial operations.
Looking for new crude oil supply sources? Contact E-Station at [email protected].
African oil production: new supply sources for your purchases
The rise in African oil production, driven by the Libyan rebound and the rise of new producers such as Ivory Coast, this expands the range of supply sources available to European and international buyers. These crudes, often light and low-sulfur, are sought after by refiners and trade at attractive differentials depending on market conditions. Analysis from Reuters and evaluations from Platts help track how these grades and their premiums evolve.
For a buyer, diversifying supply toward African oil production means reducing dependence on Gulf shipping routes and securing additional volumes. That said, mastering logistics (export terminals, freight) and cargo compliance remains essential — a trader's core know-how.
Access African crude oil with E-Station
E-Station relies on an international network of refineries and terminals to offer clients diversified access to African crude oil and other origins. We guarantee firm volumes, compliant specifications and fully managed logistics all the way to your delivery point.
Do you want to diversify your supply sources? Contact our trading team for a firm quote on African oil production.
Frequently asked questions about the rise in African oil production
Where does Libyan oil production stand today?
It has climbed close to 1.5 million barrels per day, a level not seen since 2013, driven by production-sharing contracts with major international players.
What longer-term target has Libya set?
Libyan authorities have set their sights on reaching 2 million barrels per day by the end of the decade.
Which other African countries are contributing to this trend?
Côte d'Ivoire is among the countries where new discoveries are opening up additional supply opportunities in West Africa.
Why is this rise in African production of interest to international buyers?
It confirms the continent's growing role in global supply and opens up new sourcing opportunities for crude oil buyers and traders.
How can a buyer position itself to access these new African volumes?
A specialized broker can help identify opportunities linked to this new production and secure diversified supply from these emerging sources.
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