As the world looks to accelerate its transition away from fossil fuels, the pressures on the African continent’s oil and gas producing nations are mounting. McKinsey's recent analysis has found that most are highly exposed to the global energy transition, as their economies depend on oil and gas revenues, while their reserves both cost more to produce and are, on average, more carbon-intensive than oil and gas from other regions. Here are 10 key issues highlighted in 'The future of African oil and gas: Positioning for the energy transition' report.
Source: The North Africa Journal June 10, 2022 11:23 UTC