Table of Contents

1. I. INTRODUCTION
1. Structure and Content
2. Global Scenarios to 2020
3. World Oil Demand, Non-OPEC Supply, and Oil Prices in Fragmentation and Globality
4. The Global LNG Market in Fragmentation and Globality
5. Methodology for Projecting Demand for LNG from West Africa
6. LNG Wild Cards
7. The Role of Undiscovered Liquids and Gas in CERA's Productive Capacity Outlooks
8. Decline Rate Assumptions
9. Domestic Involvement
2. II. NIGERIA
1. Key Conclusions
2. Structure of the Upstream Oil and Gas Industry
3. Political Climate
4. Nigeria and OPEC
5. Will Nigeria Remain in OPEC?
6. Future of Nigeria's Share of the OPEC Quota
7. Role of the State in the Upstream Industry
8. Domestic Involvement in the Upstream Oil and Gas Industry
9. Domestic Involvement: An Opportunity for Foreign Companies
10. Domestic Participation: Entry Portal
11. Natural Gas: Story of the Decade?
12. Undiscovered Oil Potential
13. Putting the Pieces Together: Outlook for Nigerian Liquid Capacity and Gas Capacity/Utilization to 2020
14. Are PSCs Vulnerable to Disproportionate Quota Cutbacks?
15. PSC Capacity and Quota Distribution
16. Government Funding of Joint Ventures: Fragmentation and Globality
3. III. ANGOLA
1. Key Conclusions
2. Historical Context and Current Structure of the Upstream Oil and Gas Industry
3. Political Outlook
4. Transparency and Accountability
5. The Cabinda Question
6. Regional Relations
7. The Role of the United States
8. Domestic Involvement in the Oil Industry
9. OPEC and Angola
10. Pace of Upstream Development
11. Natural Gas in Angola
12. Undiscovered Resource Potential
13. Putting the Pieces Together: Outlook for Angolan Liquid and Gas Productive Capacity to 2020
14. Sonangol's Direct Particpation in E&P Blocks: Will It Slow Growth?
4. IV. EQUATORIAL GUINEA
1. Key Conclusions
2. Historical Context and Current Structure of the Upstream Oil and Gas Industry
3. Evolution of Direct State Participation in the Upstream Industry
4. Key Risks Related to Government Involvement in the Oil and Gas Industry
5. Additional Risks: Creeping Demands and Tax Policy Uncertainty
6. Political Environment
7. Political Outlook
8. Public Relations Risk of Doing Business in Equatorial Guinea
9. Natural Gas in Equatorial Guinea
10. Undiscovered Resource Potential
11. Putting the Pieces Together: Outlook for Equatorial Guinea Liquid and Gas Productive Capacity to 2020
5. V. CHAD
1. Key Conclusions
2. Historical Context of the Upstream Oil Industry
3. Risk Mitigation of the Chad-Cameroon Oil Development and Pipeline Project
4. Structure of the Upstream Oil Industry
5. Political Climate
6. Outlook for Political Climate
7. Putting the Pieces Together: Chad Liquid Productive Capacity Outlook to 2020
6. IV. NIGER
1. Key Conclusions
2. Historical Context of the Upstream Oil Industry
3. Possible Pipeline Export Routes
4. Political Context
5. Political Outlook: Drought and Economic Trouble Will Fuel Instability
6. Outlook for Liquid Productive Capacity
7. VII. SÃO TOMÉ and PRÍNCIPE
1. Key Conclusions
2. Historial Context of the Upstream Oil Industry
3. Origins of the ERHC Contract
4. Controversy and Contract Revisioins
5. Other Preemptive Rights
6. Results of the Initial JDZ Bidding Round
7. Bureaucratic Structure for Oil Matters
8. The OPEC Quota and the JDZ
9. Political Context
10. Political Outlook
11. International Relations
12. Relations with the World Bank and International Monetary Fund
13. Undiscovered Liquids Potential
14. Liquid Productive Capacity Outlook to 2020