With Africa’s liquefied natural gas sector being developed, the continent will have the opportunity to position itself as a player in the global market.
Extensive port development around the continent is a powerful indicator of the anticipated upturn across the sector.
While renewables have gathered significant momentum, fossil fuels remain a highly viable option for resource-rich African nations.
Petroleum Agency South Africa plays an important role in regulating the country’s oil and gas sector, particularly in light of its potential to help economic growth, says acting CEO Lindiwe Mekwe.
Countries across the continent need to focus on building their refinery infrastructure to keep pace with Africa’s ever-growing demand.
The continent is turning to the potential of LNG for generation to meet its growing demand for power.
A latent bonanza awaits in the shipping industry when the oil price rises and West African production becomes profitable once again.
Oil and gas companies operating in Africa must figure out how to create the most meaningful social impact while minimising their environmental footprint and maximising shareholder profits.
As industry players await the release of the long-delayed draft amendments to South Africa’s resources legislation, the country should take note of the opportunities offered by a gas economy.