Africa could become the world's biggest importer of LNG

Africa could become the world's biggest importer of LNG

Emilio Fabio Torsello
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Egypt alone could be importing between 15 and 20 million tonnes of LNG by 2025, while the rest of the continent will import an additional 11

Africa may soon be the world’s top liquefied natural gas importer. As much was reported by the energy company Total, which sees Egypt as the main driver of this trend. Partly thanks to its low price, LNG is gaining more and more market shares as a green fuel, a resource that could also benefit the millions living in the world’s poorest places and still lacking access to electricity. It is estimated that Africa will import between 20 and 30 tonnes each year by 2025. Egypt alone may import 15 to 20 million over the next ten years, and that without counting the Zohr gas field, which is estimated to contain at least 30 trillion cubic feet of gas. According to Total’s calculations, moreover, western Africa will likely import 5 million tonnes of LNG, while South Africa will import another 4 million, followed by Morocco with 2 million by 2025. The ideal driver for bringing natural gas to the continent’s remotest regions may be the parallel development of small-scale LNG infrastructure.
With Africa considered a growth market with high potential, energy geopolitics have led to a new LNG supply deal between the United Arab Emirates (UAE) and Qatar. According to the agreement, which was signed during the last few days, Dolphin Energy will supply natural gas to the UAE through offshore pipelines linking the two countries.