The International Energy Agency (IEA) estimates that Africa holds nearly 74 trillion m3 of technically recoverable natural gas reserves, nearly 10% of the world’s total, and it is believed that the majority of African natural resources are still undiscovered.

With relatively open access and generally attractive leasing terms, Africa’s oil and natural gas resources have long attracted a broad spectrum of investors — from the large integrated, international majors, to the large and small independent exploration and production (EandP) companies, as well as national oil companies (NOCs) from outside the region,and now the gas potential is unlocking.

In IEA report, it forecasts that African natural gas production will expand to almost 400 bcm by 2035, with regional natural gas consumption growing to almost 170 bcm. Gas production in Africa is expected to almost double by 2035, increasing at an average rate of about 2.7% per year.

Gas consumption is expected to grow at about 2% per year. Net exports of natural gas from Africa are expected to more than double, reaching more than 230 bcm by 2035 6.
Natural gas development holds tremendous opportunity for Africa, and it can be a strong “prime mover” for broader economic and social development. The expectations and prospects for natural gas are quite different in each of the sub-regions in Africa.

* Cover most gas countries in Africa: Western, Northern and Eastern, Southern
* With an emphasize on new emerging gas countries in Africa
* Post conference master class (gas andLNG fundamental) and workshop(local content)

Africa 2017 | Mar.16-17
Maputo, Mozambique