Abundant low-cost conventional reserves position Africa as an attractive investment destination for global natural gas upstream market players, according to the GECF.

The Gas Exporting Countries Forum launched the 9th edition of its Global Gas Outlook 2050 report this week.

For South Africa, whose current power generation structure is dominated by coal, that means including natural gas can help steady the supply of energy while renewable technology continues to mature.

Discovering valuable insights from Angola’s flourishing natural gas sector can pave the way for Mozambique’s own burgeoning industry.

At present, considering the number of promising energy projects currently under way and the numerous trade opportunities arising, from natural gas production in particular, I am compelled to emphasize the need for cross-border cooperation among all the nations and oil and gas producers involved in these efforts, which will be vital if we are to achieve true prosperity throughout the continent.

The recently enacted law establishes a sovereign wealth fund to manage the country’s projected $91.7 billion in natural gas exports.

Africa continues to hold immense natural gas potential and is positioned to not only increase its outputs but also capitalize on the underserved LNG market and meet Europe’s ongoing demand, writes NJ Ayuk, the Executive Chairman of the African Energy Chamber, as he explores the significant role natural gas will play in addressing energy poverty and accelerating industrialization in Africa while preparing the continent for decarbonization.