NEWS
Reports from the Regional Coordinators In this issue we bring you a report from IGU’s Regional Coordinator for Africa and the Middle East. Africa and the Middle East
access to electricity and clean cooking
in renewables. Another $13 billion was
By Khaled Abu Bakr
for all.
spent on electricity networks.
Africa’s population is growing rapidly.
Despite its large and growing
In the last decade, there have been
Its economies have the potential to
population, Africa accounts for a very
several major natural gas discoveries
do the same, and their demand for
small share of global energy sector
in the African continent, most notably
energy is set to grow very fast. Africa
investment. In 2018, around $100
in Mozambique and Tanzania but also
is also an important supplier of energy
billion was invested in the energy
in Egypt, Mauritania, Senegal and
and has seen major recent gas dis
sector in Africa, or about 5.5% of the
South Africa. These finds accounted for
coveries. At the same time, it still faces
global total. Of this, $70 billion was
over 40% of global gas discoveries
significant challenges in terms of
invested in fossil fuels and $13 billion
between 2011 and 2018. The possible
Mozambique is ramping up gas production and the Eni-operated Coral Sul FLNG project is due to start up in 2022. Eni’s partners are ExxonMobil, CNPC, Empresa Nacional de Hidrocarbonetos, KOGAS and Galp Energia. The hull was launched in January at the Samsung Heavy Industries yard in Gohyeon Geoje, Korea.
76 Reports from the Regional Coordinators
