Angola
Top Natural Gas Projects Driving Near-Term Development Volumes in Angola
The African Energy Chamber provides an overview of the top natural gas projects driving near-term developments in Angola.
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The African Energy Chamber provides an overview of the top natural gas projects driving near-term developments in Angola.
With over 600 trillion cubic feet of proven natural gas reserves on the continent, gas presents a clean option to address the continent’s power deficit.
While natural gas exploration and production has historically taken a back seat to crude oil in Angola, the southern African country is now launching a series of large-scale monetization projects that leverage key gas demand drivers – namely, the energy transition, gas-to-power and a pressing need for diversification.
The International Energy Agency’s Africa Program Officer offered her insight into the future of the natural gas market in Africa.
The natural gas market will contract slightly in 2022, with global gas consumption poised to see limited growth through 2025 – IEA.
Italy’s Eni has reached an agreement with Algeria’s Sonatrach to use the company’s pipeline to increase natural gas exports to Italy.
The MoU set to utilize Equatorial Guinea’s infrastructure to deliver Nigeria’s stranded gas.
UK-based multinational energy firm Shell has released its latest annual liquefied natural gas outlook, showing an increase in trade by 6%.
The new export route intends to increase gas exported to Egypt to fulfil the increasing demand for Israeli’s gas export.
With the international community looking at expanding investment in natural gas, Africa stands to benefit.
