TotalEnergies’ CEO Patrick Pouyanne said he would surprised if the Trump administration objects to Mozambique LNG
Thinking small helps African LNG prospects
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
Early 2025 brought mixed news for sub-Saharan Africa’s LNG sector. On the plus side, recent progress on floating LNG (FLNG) schemes in Congo-Brazzaville and Gabon has injected renewed momentum into projects aiming to commercialise mature assets and take advantage of favourable international pricing. The startup of the BP-led Greater Tortue Ahmeyim (GTA) LNG scheme offshore Senegal and Mauritania in January is another regional sentiment booster. Gas from the first phase of GTA started to flow to the floating production storage and offloading vessel. One fully commissioned, GTA Phase 1 is expected to produce around 2.3mt/yr. On the debit side, the continent’s largest LNG project, TotalEnergi
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Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
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Peru’s state-owned hydrocarbons agency has launched the search for new investors for Offshore Block Z-69, a high-potential asset in the prolific Talara Basin.
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The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
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The NOC’s dire financial situation and maturing fields have left the authorities with little choice but to reduce crude expectations
