• iea oil market report in Malawi
  • iea oil market report in Malawi
  • iea oil market report in Malawi
  • iea oil market report in Malawi
  • What is the IEA oil market report?
  • The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries.
  • Why does Malawi need oil & gas?
  • Malawi has no significant reserves of crude oil or natural gas, and thus relies on imports to meet its energy needs. In all imported oil products, Petrol contribute 45% of the imported oil products, which is the highest compared to aviation fuels which is the lowest Electricity accounts for 3% of the country’s total energy consumption.
  • What is the contribution of petroleum products in energy supply in Malawi?
  • The contribution of petroleum products in energy supply in Malawi has increased from 4.11% in 1999 to 6.4% in 2010. Similarly, the contribution of coal in Malawi's primary energy supply in the country has increased from 1% in 1996 to 2.8% in 2010, primarily due to rapid expanding use of coal in industries.
  • How much energy does Malawi use?
  • Malawi relies on biomass energy for cooking and heating, with wood fuel and charcoal accounting for approximately 86% of the country’s total energy consumption compared to 10% for oil products, 3% for electricity and 1% for coal.
  • What is the IEA's first oil market report for 2025 ?
  • Also read: The IEA’s first oil market report for 2025 cites various data for 2024 and forecasts for that year, starting with global demand for the commodity. According to the company, global oil demand showed a seasonal increase in the 4th quarter of last year, registering a significant annual growth of 1.5 million barrels per day (mb/d).
  • Why is Malawi a key issue for energy security?
  • A key issue for Malawi's energy security is its dependence on imported petroleum products. The country is highly vulnerable to oil price shocks as it imports almost all of its 8 000 barrels of oil per day. There is no doubt that the challenge for Malawi's import dependence will increase at least in the short to medium term.