Africa is increasingly being viewed as an important player in the natural gas sector, with over 40 percent of global gas discoveries between 2011 and 2018 made on the continent. Mozambique and Tanzania alone accounted for 24 percent of global discoveries over this period. For mature LNG producers, like Algeria, Nigeria and Egypt, gas represents a significant source of foreign revenue and an important resource to meet growing domestic energy needs. Other countries in the exploratory or infrastructure development phase of gas extraction, processing, export and utilisation see gas as an opportunity to deliver energy security and support economic development.
15 Feb 2024