Africa’s LNG leap, potential makes it a global player

A report by Africa Oil & Power (AOP) shows that the appeal of natural gas as a viable energy source has grown rapidly over the past decade. The primary drivers of this demand include reduced costs in comparison to traditional fossil fuels; mounting pressure from the global energy transition; and the growing demand for alternative power generation solutions across Africa. 

Accordingly, the emergence of both Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) markets has been driven by increased investment, in a bid to address energy security, diversification and electrification challenges.