Overview
The small island republic of Comoros has no known oil or gas reserves, either onshore or offshore. Its downstream oil industry is wholly dependent on refined petroleum products imported from Tanzania and other mainland African countries.
The industry is regulated by the Comoros Ministry of Planning.
Upstream
The Comores has no upstream oil industry.
Downstream
The small island republic of Comoros has no known oil or gas reserves, either onshore or offshore. Its downstream oil industry is wholly dependent on refined petroleum products imported from Tanzania and other mainland African countries. With a population of 585,000 people and an economy based largely on fishing and tourism, its consumption of petroleum products is small. Oil-derived products supply 91.5% of the islands’ commercial energy needs.
Consumption of petroleum products in 1997 was in the region of 26,000 tons per annum. The distribution of this consumption per product is tabulated below (figures from the United States Department of Energy):
Product Consumption 1997
(in metric tons)Gasoline 3,852 Jet fuel 921 Kerosene 3,778 Distillate 12,230 Residual 0 LPGs 0 Unspecified 5,381 Total 26,161
Distribution and marketing of fuels products is carried out by the state owned oil company, Societe Comorienne des Hydrocarbures (SCH), the only oil company in the Comoros. The company owns 2 products storage depots.