Latest news

Gas: Nigeria Predicted To Spearhead Major Positive Shift


The Executive Chairman, African Energy Chamber, NJ Ayuk, has restated that natural gas is set to play a pivotal role in Africa’s energy future, even as global markets move toward a surplus in liquefied natural gas (LNG).

According to the African Energy Chamber’s 2026 Outlook Report: The State of African Energy, gas is the only fossil fuel expected to grow its share of global primary energy demand.

African gas consumption alone is projected to rise 60% by 2050 — a surge driven not by the north, but by sub-Saharan Africa, which holds more than 70% of the continent’s remaining recoverable reserves. The report said the transformative potential of this resource is clear.

Africa can unlock growth through two powerful avenues: export revenue and domestic industrial development. But realising this promise requires confronting infrastructure gaps, market access challenges, pricing constraints, and the shift from associated to stand-alone (“dry”) gas production.

Today, two-thirds of Africa’s gas comes from North Africa — led by Algeria, Egypt and Libya — where gas already dominates power generation. That equation is beginning to change. The report forecasts that North Africa’s share will fall below 40 per cent by 2035 as production accelerates elsewhere.

“Nigeria is expected to spearhead this shift. Since declaring its “Decade of Gas” in 2021, it has expanded commercialization rapidly and currently produces more than half of sub-Saharan Africa’s output. It is now joined by rising producers including Mozambique, Tanzania, Senegal, Mauritania, Angola and Congo.

Flagship LNG developments — Coral Sul in Mozambique, the Greater Tortue project between Senegal and Mauritania, and Congo LNG — have introduced new export flows since 2022.

“Africa’s gas demand is also rising internally. Gross annual consumption is expected to jump from roughly 55 billion cubic meters (Bcm) in 2020 to more than 90 Bcm by 2050, driven by residential, industrial and power-sector needs.

Sub-Saharan Africa alone holds more than 400 trillion cubic feet (Tcf) of recoverable gas — more than enough to satisfy long-term demand,” the report said.



Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...