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
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve
