The southern African republic of Malawi has no known oil or gas reserves and consequently no upstream oil industry. Its downstream oil industry is wholly dependent on refined petroleum products imported from neighbouring African countries. The country is considering deregulation of imports and the fuel market, and a study of the Malawian downstream oil sector is currently underway funded by a World Bank loan of $250,000.
The Malawian oil industry is regulated by The Ministry of Energy and Mines. The current Minister of Energy and Mines is Mr Rolf Patel.
A number of management consulting and accounting practices provide support and project services to the oil industry including Ernst and Young and MBendi Information Services, who author this MBendi AfroPaedia web site and have assisted a number of multinational and African oil companies with the development of market surveys and business strategies.