Africa’s Potential Impact on the Global LNG Trade

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Published 02/08/2016 by

African LNG export projects must compete in a currently over-supplied, low-priced global market

East African reserves and Government support of proposed projects should allow overall African LNG exports to grow, eventually

– LNG exports have the ability to fundamentally change the GDP of East African nations; and

– support new domestic industries supplied by gas

LNG has the potential to improve electrification rates

Success of proposed Gas-to-Power initiatives remains to be seen

– requires Government support, especially via new infrastructure developments and ensuring power providers are creditworthy

 
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