Sub-Saharan Africa to green-light 74 million tons/year LNG capacity by 2030
It is likely that Sub-Saharan Africa will approve an additional 74 million tons per year of LNG export capacity by 2030 if market conditions allow. Such capacity would be in addition to the 60 million tons/year of export capacity that the region is expected to achieve by 2025. In this way the liquefied gas would become a sort of ‘enabler’ of post-Covid economic recovery able to support also the African energy transition. Unfortunately, despite its abundant reserves, Sub-Saharan Africa remains a limited gas producer and has not yet fully benefited from its gas resources. The region currently has 33.8 million tons/year of LNG export capacity concentrated in four countries: Angola, Cameroon, Equatorial Guinea and Nigeria.