An FLNG unit in action
African LNG growth could come too late to cash in
Can new capacity come online soon enough to capitalise on elevated prices?
Global competition for limited LNG supplies and the resulting high prices continue to encourage development of new projects in Africa. The gas-rich continent, with vast potential for exports, has a number of important projects in the works at various stages of development—notably in Senegal, Mauritania, Mozambique, Nigeria, Congo-Brazzaville and Gabon. But uncertainty persists over how quickly the new capacity can be brought online and whether key projects can start production ahead of an expected global glut in LNG supply towards the end of this decade. The 2.3mn t/yr Greater Tortue Ahmeyim LNG project straddles the maritime boundary between Senegal and Mauritania and is the largest African
Also in this section
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
15 April 2025
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
15 April 2025
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
