LNG-to-power a hard nut to crack in Africa
There is strong interest across the industry in making LNG-to-power work in sub-Saharan Africa, but nobody has yet cracked a structure that works
Liquefied Natural Gas (LNG) is experiencing a purple patch which African stakeholders don't want to miss out on. A supply glut and growing global experience with the technology mean that contracts are becoming more flexible and suppliers are looking for buyers. Electricity generators also see the benefits, with many of Africa's cash-strapped state utilities viewing the technology as a way of reducing costs at expensive thermal plants and supporting renewable generation. For private developers, LNG offers a way to short-circuit difficult and politicised discussions around domestic gas and reliance on midstream projects coming to fruition (and operating reliably). North Africa has taken a lead
Also in this section
26 July 2024
Oil majors play it safe amid unfavourable terms in latest oil and gas licensing bid rounds allowing Chinese low-ball moves
25 July 2024
Despite huge efforts by India’s government to accelerate crude production, India’s dependency shows no sign of easing
24 July 2024
Diesel and jet fuel supplies face a timebomb in just four years, and even gasoline may not be immune
23 July 2024
Rosneft’s Arctic megaproject is happening despite sanctions, a lack of foreign investment and OPEC+ restrictions. But it will take a long time for its colossal potential to be realised