AEC Forecasts Increased Gas Monetisation in Latest 2021 Outlook - News Summed Up

AEC Forecasts Increased Gas Monetisation in Latest 2021 Outlook


In its latest Africa Energy Outlook 2021 released earlier this week, the African Energy Chamber forecasts increased gas monetisation across the continent on the back of decarbonisation and industrialisation drive. READ: Will Africa’s largest LNG project Rovuma take shape? Expanding infrastructure to displace diesel, increased use of gas in the power mix and gas for industrial purposes are all initiatives that would benefit from the current low cost of gas. Only stronger monetization of gas at home could justify using Africa’s gas reserves for industrial and power generation purposes instead of burning and wasting them. The Africa Energy Outlook 2021 gives a special focus on all such gas markets trends within the continent, providing stakeholders with unique insights into production and consumption forecasts.


Source: The North Africa Journal November 11, 2020 14:03 UTC



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