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Africa To Supply Big Chunk Of Global Natural Gas By 2025?

Production

Africa could provide as much a fifth of global demand for liquefied natural gas by 2025, up from 10% in 2018, due to huge investments in the sector and some recent major discoveries.

The African Energy Chamber, a group of energy and mining companies in Africa, reported recently massive discoveries in Mozambique, Tanzania, Senegal and Mauritania have aggregate reserves of 200 trillion cubic feet of gas reserves – an amount sufficient to supply two-thirds of current world demand for two decades. In addition, Nigeria alone possesses 200 trillion cubic feet of proven gas reserves.

African gas properties have received major investment interest from foreign energy firms like Total (TOT), ExxonMobil (XOM), Royal Dutch Shell (RDS-A) and others.

In September, Total purchased Anadarko Petroleum’s (APC) 26.5% stake in Mozambique’s liquefied natural gas project for $3.9 billion.

Exxon and Total will together spend $50 billion on this Mozambican project by 2025.

Reserves discovered in Mozambique are estimated to have at least 180 trillion cubic feet of natural gas.

Mozambique could potentially become the third largest global liquefied natural gas producer in the world by 2030, after Qatar and Australia.

“The availability of a new source of much needed natural gas and power will fuel the economic growth in Mozambique and the southern African region,” Total and its partners said in a joint statement.

On the west coast of Africa, BP (BP) and Kosmos Energy (KOS) have poured $10 billion into an offshore gas field project at Grand Tortue on the maritime border between Mauritania and Senegal. The field is expected to come onstream by 2022.

BP said this field has an estimated 15 trillion cubic feet of gas and a 30-year production potential.

PricewaterhouseCoopers reported natural gas will play an increasingly important role in global energy use as more countries move away from coal and oil dependency.

Natural gas, PricewaterhouseCoopers forecasts, become the world’s second leading fuel by 2030, supplanting coal.

Mozambique, one of the poorest nations on earth, is of particular importance due to its immense natural gas reserves.

GlobalData, a London data analytics and consulting company, reported Mozambique will become one of the 10 largest producers of liquefied natural gas in the world in the next few years.

“Within a few years, about 30 million tons per year will be extracted, due to existing deposits in the Rovuma basin, where 125 trillion cubic feet of natural gas have already been discovered,” GlobalData said.

However, as in much of Africa, Mozambique is beset by political turmoil and terrorism – and its promising energy sector remains vulnerable to violence.

Stratfor, an American geopolitical intelligence analysis firm, reported an ongoing Islamist insurgency in northern Mozambique poses a threat to multibillion-dollar oil and gas projects in the region.

“The unfolding insurgency in northern Mozambique could end up costing the government billions of dollars in oil and gas investments,” Stratfor wrote. “Foreign energy firms operating in the region are increasingly finding themselves caught in the crossfire of militant attacks.”

Such dangers, Stratfor proposed, “will undoubtedly force many to invest in extensive and costly security upgrades to protect their personnel and installations.”

Indeed, in February, a Mozambican worker was beheaded by jihadists when two road convoys operated by Anadarko were attacked in northern Mozambique.

Nick Branson, an analyst at the London consultancy Verisk Maplecroft, warned militants now possess the capacity to threaten liquefied natural gas operations on the mainland, raising investment and extraction risks.



155 Comments on "Africa To Supply Big Chunk Of Global Natural Gas By 2025?"

  1. Cloggie on Wed, 4th Dec 2019 10:51 pm 

    Enough.to.fry.us.all.

    https://www.theguardian.com/commentisfree/2012/jul/02/peak-oil-we-we-wrong

    “We were wrong on peak oil. There’s enough to fry us all
    George Monbiot”

  2. I AM THE MOB on Thu, 5th Dec 2019 3:56 am 

    Clogg

    Oil discoveries peaked in the 1960’s.

    Every year since 1984 oil consumption has exceeded oil discovery.

    In 2019 oil discoveries were about 7 billion barrels; consumption was about 36 billion barrels.

    Of the world’s 20 largest oil fields, 18 were discovered 1917-1968; 2 in the 1970’s; 0 since.

    https://imgur.com/a/6dEDt

    https://www.chron.com/business/energy/article/Oil-discoveries-in-2017-hit-all-time-low-12447212.php

  3. jef on Thu, 5th Dec 2019 8:13 am 

    Peak never meant done. It means half way.

    When your car gas tank is half full you are at peak. It is what you do next that matters. Do you keep on driving into the deep desert where there are no gas stations for hundreds of miles?

    Also the title of this article should be “A Hand Full Of Western Mega Oil Corps Will Rake in Big Bucks on African Resources”.

  4. Harquebus on Thu, 5th Dec 2019 2:43 pm 

    Peak oil production per well, field or region is usually about half way but, not always.
    “When your car gas tank is half full you are at peak.” – Wrong. Peak in this case would be pedal to the metal and can occur at any and multiple times. Maximum fuel delivery to the chamber.
    Peak oil is the point of maximum production.

  5. Richard Guenette on Thu, 5th Dec 2019 4:07 pm 

    Money is the root of all evil. Capitalism failed the world and kept the vast majority of humanity in poverty. Socialism gets people out of poverty (Everyone works, pays their taxes and gets their needs met). Capitalism kills!!!!

  6. Richard Guenette on Thu, 5th Dec 2019 4:10 pm 

    As a multiracial person, we would be better off without wealth and poverty.

  7. Richard Guunette on Thu, 5th Dec 2019 5:49 pm 

    South Americans are arrogant and uneducated

  8. Richard Guunette on Thu, 5th Dec 2019 5:51 pm 

    Miami Beach is for faggots and maggots

  9. Richard Guunette on Thu, 5th Dec 2019 5:51 pm 

    People who get vasectomies are selfish.

  10. Richard Guunette on Thu, 5th Dec 2019 5:52 pm 

    Illegal immigrants should be deported

  11. Richard Guunette on Thu, 5th Dec 2019 5:53 pm 

    Chinese suck and Russians are no better

  12. Davy on Thu, 5th Dec 2019 7:32 pm 

    Oops sorry y’all. I just realized i bean spellin Guenette rong all along.

    Hard to think anyone could be as stupid as me. But hear I am.

  13. More Davyskum Mindless Trolling and Spelt Rong ID Theivin on Thu, 5th Dec 2019 7:48 pm 

    Richard Guunette on Thu, 5th Dec 2019 5:49 p

    Richard Guunette on Thu, 5th Dec 2019 5:51 pm

    Richard Guunette on Thu, 5th Dec 2019 5:51 pm

    Richard Guunette on Thu, 5th Dec 2019 5:52 pm

    Richard Guunette on Thu, 5th Dec 2019 5:53 pm

  14. JuanP on Thu, 5th Dec 2019 7:59 pm 

    ,West Siberia-China natural gas pipeline under discussion”
    http://www.globaltimes.cn/content/1172347.shtml
    Russia and China keep reaching win-win agreements. The Russians will have the Europeans by the balls in a few years.

  15. makati1 on Thu, 5th Dec 2019 8:07 pm 

    JuanP, I think they already do, but then, that’s my opinion. Russia is not going to invade anyone, especially the EU. No need, when you control the heat in winter and industry 24/7/365.

    NATO is a sick joke that Amerika is playing on Europeans to try to sell their 2nd rate, high priced, junk weapons, while Russia is selling better and cheaper. Just watching the US’ growing isolation and its slipping into the 3rd world.

  16. Davy on Thu, 5th Dec 2019 8:18 pm 

    That’s REAL Bad news for America JuanP. Not such bad news for Europe BTW..

    stupid dumbass

  17. Davy on Thu, 5th Dec 2019 8:22 pm 

    Your rite as always makato. That’s why I hate you so much.

  18. full woke supremacist muzzies jerk on Thu, 5th Dec 2019 8:23 pm 

    i agree with supertard makati that america is a failed state.
    this is because muzzie has muzzie patrol in nyc.
    this is sharing of powa, the disintegration of the state, state does not enjoy the monopoly of force.

  19. full woke supremacist muzzies jerk on Thu, 5th Dec 2019 8:24 pm 

    mexico is a failed state. they certainly have planes, artillery, drones, drones but they are unable to apply kinetic on the cartels. mex is a failed state.

  20. Davy on Thu, 5th Dec 2019 9:25 pm 

    mex is a failed state full woke supremacist muzzies jerk cus we stole all there oil so we could live high off the hog, and who do you think they bean sellin all there drugs too.

    stupid dumbass

  21. Davy on Thu, 5th Dec 2019 9:33 pm 

    And where do you think they get all there planes, artillery and drones from full woke supremacist muzzies jerk? There not there to stop a multi billion dollar industry.

    stupid

  22. full woke supremacist muzzies jerk on Fri, 6th Dec 2019 12:24 am 

    Ohh ok supertard
    Please put the lib urn down on the ground gently and walk away backward slowly
    Srsly where u guys found the lib urns
    I looked at all the stores and they all ran out

  23. Davy on Fri, 6th Dec 2019 12:34 am 

    You can’t by them in stores full woke supremacist muzzies jerk. You can only get them from filthy rich mommies and daddies like mine.

  24. Hello McFly? on Fri, 6th Dec 2019 12:36 am 

    Davy,

    Are you just now learning supremacist muzzies jerk is a dumbass?

    Hello? The guy is a fucking freak (and a leach sponging off of the rest of us for his government payments).

  25. Robert Inget on Sat, 7th Dec 2019 10:46 am 

    HISTORY UNFOLDS

    Six Saudis detained in connection to Pensacola shooting after being caught filming the attack
    by Tim Pearce
    | December 06, 2019 10:23 PM

    https://www.washingtonexaminer.com/news/six-saudis-detained-in-connection-to-pensacola-shooting-after-being-caught-filming-the-attack

    Let’s make this clear. WE, the US are training Saudis here in America to oppose human rights.

  26. Cloggie on Sat, 7th Dec 2019 11:27 am 

    This is a real game changer: 3D-printing of homes. Simple stone home for $4000, “printed” in a day. No traditional wooden casing necessary. The amount of cement is reduced to what is structurally strictly necessary. Steel concrete enforcement can be added to. No need for scarce builder skills: the computer design is the home. Humans are necessary for the wiring, plumbing, placing the window frames and roof.

    https://deepresource.wordpress.com/2019/12/07/3d-printed-home-for-4000/

  27. Cloggie on Sat, 7th Dec 2019 2:51 pm 

    Renault e-vehicle K-ZE for 10,000 euro if subsidies included:

    https://www.spiegel.de/auto/aktuell/renault-k-ze-kommt-der-elektro-dacia-auch-nach-deutschland-a-1294724.html

    Made in China. 921 kilo. Touchscreen. 300 liter bagage.
    Battery 27 kWh, 150 kilo (!). Max speed 105 kmh. Range 271 km or 350 km at 60 kmh.

  28. Cloggie on Sat, 7th Dec 2019 3:04 pm 

    Everywhere in Europe this kind of phenomena are on the increase:

    https://www.dailymail.co.uk/sport/football/article-7767597/Manchester-City-fan-makes-monkey-noises-gesture-Manchester-United-midfielder-Fred-derby.html

    “Racism storm as Manchester City fan makes monkey gesture and sounds towards Manchester United player Fred during derby match as club works with the police to find culprit… a year after Raheem Sterling was abused by Chelsea supporter”

    This is proportional with the demographic shift.

  29. Cloggie on Sat, 7th Dec 2019 4:27 pm 

    The globalist maffia at it again:

    https://www.dailymail.co.uk/news/article-7767789/Jeremy-Corbyn-biggest-global-threat-Jews-warns-worlds-leading-Nazi-hunting-organisation.html

    “Jeremy Corbyn is the biggest global threat to Jews, warns Simon Wiesenthal Centre – the world’s leading Nazi-hunting organisation – as Boris Johnson urges voters to save Britain from a ‘nightmare’”

    I have voted in my life green-left, liberal-left, christian-democrat, liberal-right and populist, but never socialist. If I had a British pass, that would be the first time.

  30. I AM THE MOB on Sun, 8th Dec 2019 4:03 am 

    Muhammad makes list of top 10 baby names in the US for the first time

    https://www.cnn.com/2019/12/06/us/muhammad-top-10-baby-names-trnd/index.html

    Its happening!

  31. Cloggie on Sun, 8th Dec 2019 4:06 am 

    CW2 will make it unhappen.

    https://documents1940.wordpress.com/2018/06/11/cw2-brewing/

    #110!

    https://www.biblebelievers.org.au/expelled.htm

    Why don’t to relocate to Upstate Jew York now, Mobby Dick, and avoid the rush?

  32. I AM THE MOB on Sun, 8th Dec 2019 5:43 pm 

    Clogg

    Is America on the brink of civil war? More like a coming reign of terror -Dallas Morning News

    https://www.dallasnews.com/opinion/commentary/2019/12/08/is-america-on-the-brink-of-civil-war-more-like-a-coming-reign-of-terror/

  33. I AM THE MOB on Sun, 8th Dec 2019 7:02 pm 

    No more religious exemptions: Montreal is taxing churches

    https://montreal.ctvnews.ca/mobile/no-more-religious-exemptions-montreal-is-taxing-churches-1.3415164?fbclid=IwAR04llX6EZaNCVD-QCZOptEpvj38fmw16tzwNRfnVBoTzQRyGuTX9OHfJow

    Abolish the church! Then make white men wear burkas

  34. Cloggie on Mon, 9th Dec 2019 1:08 am 

    No more religious exemptions: Montreal is taxing churches
    https://montreal.ctvnews.ca/mobile/no-more-religious-exemptions-montreal-is-taxing-churches-1.3415164?fbclid=IwAR04llX6EZaNCVD-QCZOptEpvj38fmw16tzwNRfnVBoTzQRyGuTX9OHfJow
    Abolish the church! Then make white men wear burkas

    The kosher agenda of anti-white persecution in full display.
    The targeted white men here won’t react, let alone defend themselves.

    Europeans have to do it for them, just like they liberated them from the British.

    It has been peace for far too long. Time for a good “soccer match”.

  35. Cloggie on Mon, 9th Dec 2019 1:36 am 

    “Is America on the brink of civil war? More like a coming reign of terror”

    Not a single word is lost by the christian idiot who wrote this farticle, about WHY America is on the brink of violence?

    Answer: decades of sustained mass third world immigration, becoming a huge threat for white Americans, who are now beginning to revolt, revolt against the 1% deep state, represented best on this board by “natzi” and “racist” howling empire dave.

    DJT will be the last president of the republic in its present shape. For unifying Europe, that is about to get rid of the British, and who are going to be swapped for the Russians, this is THE opportunity to reverse roles with a balkanizing America and terminate the insane situation of the Mother-civilization colonized by a former colony, just because white Americans were not strong enough to develop an elite to withstand the youknowwho, who next conspired with their brethren in the USSR and UK in order to get Europe destroyed and colonized.

    But that is now almost over. And all the Anglo-Zionist WW1 and WW2 lies will come down with the now immanent fall of America.

    All Europe needs to do is getting serious with its intended army, enabled by Brexit, and intervene in a developing CW2 and separate the combatants and rake in those (white) Americans we can use and divide the collapsing Anglo-loot with the Chinese.

    Exit globalism.

  36. Cloggie on Mon, 9th Dec 2019 3:24 am 

    Kill your inner Albert Schweitzer and learn to see Africans as business partners and take them serious:

    https://partners.wsj.com/casablanca-finance-city/eye-on-africa/africa-open-for-business/

    Africa has a lot to offer:

    – agriculture
    – perfect solar conditions for hydrogen production and replace Arabia as the world’s primary energy supplier
    – wild life/nature tourism
    – resources

  37. Cloggie on Mon, 9th Dec 2019 3:37 am 

    Sigh of relief in Moscow:

    https://www.rt.com/op-ed/475108-ukraine-paris-putin-macron/

    Macron is not a Gaullist, but his view of the global disposition is becoming similar to that of Charles de Gaulle. In order to secure its stance in the world, France needs to have balanced relations with both the West (the Anglo-Saxon world/atlanticists) and the East (Russia). And Macron is correct in his assessment of the situation – France’s influence on the continent began to wane when the scale was tilted toward the West due to various reasons.

    Translation: France is returning to its true Gaullist roots. You can apply the famous US duck test to Macron: “If it looks like a Gaullist, swims like a Gaullist, and quacks like a Gaullist, chances are it IS a Gaullist”.

    France is going to be THE big winner of the Brexit-Trump drama: in one blow they will be back at the top of the world. France is currently de facto the foreign policy leader of continental Europe and together with Germany and Russia, a unity Macron is pushing for, Europe will return to where she always was and where she belongs on the basis of her immense cultural and technological heritage: on top of the world, restoring natural European grandeur, recovering from the blow inflicted in 1945 by ZOG-USA, ZOG-UK and ZOG-USSR.

    In 1945 “the big three” divided the European loot:

    https://en.wikipedia.org/wiki/Percentages_agreement

    Continental Europe and China are going to return the favor and divide the Anglo loot among themselves with a new percentages agreement.

  38. I AM THE MOB on Mon, 9th Dec 2019 5:26 am 

    Clogg

    They won’t ever defend themselves. Because they don’t want to be called a “NAZI or RACIST”.

    LOL

  39. Davy on Mon, 9th Dec 2019 5:27 am 

    “The Next Pearl Harbour? China’s Gold-Backed Crypto Currency Will Blindside US Dollar”
    https://tinyurl.com/rn7fdzf Zero hedge

    ““A date which will live in infamy.”
    “Indeed, this weekend marks the 78th anniversary of the attack on Pearl Harbor in Hawaii, which opened the door for the United States to enter World War II. Turn on your TV and you will see military mavens rambling on, pontificating about ‘the defense of the realm’, all the while completely aloof and unaware of the American empire’s real Achilles heel.”

    “Not surprisingly, very few mainstream financial pundits in the West are willing to admit that China possesses gold reserves in excess of 20,000 tons, and by introducing a gold-backed cryptocurrency, it has the ability to “kill the US dollar deader than a door nail …. a new Pearl Harbor-type event and it’s coming in the next six to nine months.”

  40. Cloggie on Mon, 9th Dec 2019 6:26 am 

    Clogg

    They won’t ever defend themselves. Because they don’t want to be called a “NAZI or RACIST”.

    LOL

    I know, my kosher friend.

    Europeans are a little different in this respect, as you may remember…

    https://tinyurl.com/sguvmg7

    … so they have to do the job and take over this hapless demographic from your tribe.

    You and your fellow Israelis can have the entire land East of the Appalachians (“Trans-Appalachia”, in the future known in Europe as “flyover-country-2.0”) and lord over darkies and white libtards, you are so fond of.

    New England (and balkanized parts of Anglo-Canada) goes to our British friends, so we can pump some meaning into Brexit after the fact (#EmpireLite, #InternationalDivisionOfLabor).

    PBM will begin to set up a new empire in deep space, where “Wernher von Braun V3” rockets will travel to the Earth-orbiting space station “Adolf Hitler”. Ummm… perhaps we chose a different name for the space station, as we don’t want to scare off our Froggies and Ruskies, now do we?

  41. I AM THE MOB on Mon, 9th Dec 2019 7:35 am 

    Russia handed four-year ban by World Anti-Doping Agency

    https://www.bbc.co.uk/sport/olympics/50710598

    The corruption of the most evil country never ends

  42. Cloggie on Mon, 9th Dec 2019 8:03 am 

    Here an article I disagree with:

    https://www.eurocanadian.ca/2019/12/the-myth-of-white-genocide.html

    “The Myth of “White Genocide””

    The most important factors of white displacement are NOT mentioned:

    – Christian love culture, even in secular shape
    – Jewish domination of the US and its media and academia
    – Writing the false narrative of WW2 and holohoax
    – Playing into latent American feelings of inferiority and triumphalism vs Europeans (“you are morally better than the old world”… “now YOU are not a natzi, aren’t you?”)
    – “Never Auschwitz again”, “no more xenophobia!”
    – 1965 Immigration Act, entirely the work of the jews after decades of lobbying.
    – Like with Britain, white revolt is restraint because of pride in that Anglosphere is geopolitical dominant. Don’t rock the boat! But that is no longer the case. Timber!

    Furthermore, this Canadian writer suggests that Europeans and North-Americans have the same tendency towards racial and cultural suicide. The truth is that Europe has considerable more “identitarian reserves”, compared to North-America, “nation of immigrants”, based on national experience of centuries old.

    “The corruption of the most evil country never ends”

    You’re not very kind to your valiant WW2 ally! And besides, they no longer kill people by the millions, because they were wise enough to kick your kind out of the country.

    The same is now going to happen to the US.

  43. Cloggie on Mon, 9th Dec 2019 8:12 am 

    “America’s troops love Russia, and Kremlin mind control is to blame – Pentagon officials”

    https://thesaker.is/americas-troops-love-russia-and-kremlin-mind-control-is-to-blame-pentagon-officials/

    Some 46 percent of military households see Russia as an “ally,” while 28 percent of all American households share that belief. China has overtaken Russia as America’s next top enemy, according to the survey.

    The think tank reckons positive views of Russia are held mostly by Republicans, which could explain the rampant Russophilia within military ranks (America’s men and women in uniform usually vote for the GOP), but the Pentagon’s top brass has other ideas.

  44. Cloggie on Mon, 9th Dec 2019 8:33 am 

    Putin arrives in Paris [16:00]:

    https://www.youtube.com/watch?v=OzoYCpS8GlM

    Live stream for the rest of the day:

    https://www.youtube.com/watch?v=DvtTvgcegvM

  45. Cloggie on Mon, 9th Dec 2019 9:18 am 

    Putin arrives at Elysee NOW:

    https://www.youtube.com/watch?v=5QHNtYAclCc

    [16:17]

    What a guy!

    https://www.irishtimes.com/polopoly_fs/1.1633507.1387484014!/image/image.jpg_gen/derivatives/box_620_330/image.jpg

    Cordial receipt by Macron.

  46. jie on Mon, 9th Dec 2019 10:35 am 

    Nordstream 2 early next year will make seriously lower cost of living in Germany. Couldn’t come at a better time just when they will have to start paying serious money for the EUSSR. Make no mistake, the US wont stand for a Paris, Berlin, Moscow, Istanbul, Tehran, Beijing axis of peace/trade

  47. Cloggie on Mon, 9th Dec 2019 11:44 am 

    “Make no mistake, the US wont stand for a Paris, Berlin, Moscow, Istanbul, Tehran, Beijing axis of peace/trade”

    Make no mistake, PBM WILL stand for European America.

  48. Cloggie on Mon, 9th Dec 2019 11:48 am 

    First pictures from “Normandy”, in Paris:

    https://www.rt.com/news/475425-putin-meets-ukraine-zelensky-paris/

  49. I AM THE MOB on Mon, 9th Dec 2019 11:54 am 

    White evangelical Protestants are fully disrobed. And it is an embarrassing sight.

    “If Trump somehow wins in 2020: “there will be one reason behind all of these reasons: because evangelicals lost their taste for character & gave their blessing to corruption. This grand act of hypocrisy would mark them for a generation”

    https://www.washingtonpost.com/opinions/evangelicals-have-been-reshaped-into-the-image-of-trump-himself/2019/10/28/f37f5154-f9c0-11e9-ac8c-8eced29ca6ef_story.html?fbclid=IwAR0P3D0LDTIYeUuee5Xj97okuN5cI-mnBRznq75F9mVQwL4Z6vSLz-uo9Kc

  50. Davy on Mon, 9th Dec 2019 12:00 pm 

    PBM stand no chance of happening. The EU stands a significant chance of unraveling soon so PBM is fantasy

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