In 2005, Petroleum consumption in Southern Africa averaged 727,000 bbl/d. The vast majority of petroleum consumed in the region is imported; Angola and DRC are the only net exporters. Several countries in the region -- particularly Zimbabwe -- have experienced periodic, sometimes severe, petroleum shortages. However, in May 2006, Equatorial Guinea agreed to supply Zimbabwe with Oil, which should ameliorate the countrys struggling economy. All of Botswanas refined oil needs are supplied by South Africa, except for a small supply to the western part of the country by Namibia. Namibia acquires 90 percent of its petroleum requirements from South Africa. Sasol was awarded a tender in September 2004 to supply Namibia for three years. Most of Malawis fuel imports are supplied via Tanzanian and South African ports, although additional sources of imports, via a Pipeline from Mozambique, are also being developed.
The Comoros, Seychelles and Mauritius import most of their fuel energy requirements. The Indian Oil Corporation operates an 18,000-ton storage terminal on Mauritius and is planning to expand its presence there.