{"id":9848,"date":"2021-02-09T15:38:30","date_gmt":"2021-02-09T15:38:30","guid":{"rendered":"https:\/\/oilnewskenya.com\/?p=9848"},"modified":"2021-02-09T15:38:30","modified_gmt":"2021-02-09T15:38:30","slug":"acting-launches-african-gas-2021-report-forecasts-rapid-growth-of-gas-to-power","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/acting-launches-african-gas-2021-report-forecasts-rapid-growth-of-gas-to-power\/","title":{"rendered":"ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power"},"content":{"rendered":"<p><em>ACTING\u2019s inaugural report offers most comprehensive resource on Sub-Saharan Africa\u2019s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and competitive gas prices; Domestic gas monetization enters a new era of growth in West and East Africa, supported by significant gas-to-power capacity addition; African gas is entering a true decade of diversification with small-scale LNG (Nigeria, South Africa), coal-bed methane (Botswana, South Africa) and helium (Tanzania, South Africa) developments taking shape.<\/em><\/p>\n<p>The African Coalition for Trade &amp; Investment in Natural Gas (ACTING) is pleased to announce the release and publication of its inaugural \u201cState of Play: African Gas\u201d report, providing the most comprehensive resource on Sub-Saharan Africa\u2019s natural gas markets.<\/p>\n<p>As several African nations seek to increase the consumption and monetization of natural gas across their economies, the ACTING report highlights that the continent remains one the lowest consumer of gas globally. Low gas penetration rates in sub-Saharan Africa contrast with the vast amount of natural gas reserves found onshore and offshore from Senegal to Mozambique and whose development could lift millions out of poverty and provide the resource the continent needs to industrialise.<\/p>\n<p>By gathering several datasets in a single resource, ACTING\u2019s \u201cState of Play: African Gas\u201d report combines the most up-to-date and accurate information on sub-Saharan African gas markets. It notably reveals that the growth of Africa\u2019s natural gas consumption and production is set to be one of the world\u2019s fastest until 2040 on the back of new LNG projects and strong policy support for natural gas consumption across industries, transport and power. It showcases true success stories in domestic gas monetization in C\u00f4te d&#8217;Ivoire, Cameroon and Tanzania, and reveals the true diversity of African gas experiences with associated and non-associated gas, LNG, LPG, methane, coal-bed methane, helium and hydrogen.<\/p>\n<p>\u201cAn in-depth look at the natural gas dynamics across the sub-continent shows the diversity of each country\u2019s experience with natural gas and the tremendous potential there is for regionalization and cross-border gas cooperation. Natural gas has the potential to be a true enabler of economic recovery post Covid-19 and to support Africa\u2019s energy transition, and this platform will unlock new investment and ultimately create jobs,\u201d stated Nj Ayuk, Executive Chairman at the African Energy Chamber.<\/p>\n<p>Chief amongst the report\u2019s finding is the upcoming growth in gas-to-power generation capacity across sub-Saharan Africa. ACTING expects a 55% growth in grid-connected gas-to-power generation by 2025 on the back of greenfield and brownfield projects and the conversation of coal and diesel power plants to gas in Senegal and South Africa. West Africa is the region expected to see the biggest gas-to-power capacity addition by 2025, with at least 750 MW in Senegal, 643 MW in C\u00f4te d&#8217;Ivoire, 450 MW in Nigeria, 200 MW in Ghana, 150 MW in Benin and 65 MW in Togo.<\/p>\n<p>\u201cThe inaugural report of ACTING lays the foundation for the kind of work and research the Coalition wishes the grow with its institutional and industry partners,\u201d declared Mickael Vogel, Director at Hawilti and coordinator of ACTING. \u201cInformation and data on gas markets in sub-Saharan Africa is extremely scarce, which negatively affects the ability of investors and developers to make proper deals and sound decisions. Now is the time for all stakeholders to come together and build the kind of trust and confidence the market needs to benefit the continent at large.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ACTING\u2019s inaugural report offers most comprehensive resource on Sub-Saharan Africa\u2019s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/acting-launches-african-gas-2021-report-forecasts-rapid-growth-of-gas-to-power\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11],"tags":[8972,8975,8973,6986,342,481,8971,5997,1428,1749,6104,2371,2466],"class_list":["post-9848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","tag-acting","tag-afctfa","tag-african-coalition-for-trade-investment-in-natural-gas","tag-african-energy-chamber","tag-botswana","tag-coal-bed-methane","tag-hawilti","tag-helium","tag-lng","tag-nigeria","tag-nj-ayuk","tag-south-africa","tag-tanzania","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/PICTURE-EN.png?fit=1920%2C1080&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2yQ","jetpack-related-posts":[{"id":9813,"url":"https:\/\/www.oilnewskenya.com\/index.php\/hawilti-launches-new-gas-coalition-in-partnership-with-the-african-energy-chamber\/","url_meta":{"origin":9848,"position":0},"title":"Hawilti Launches New Gas Coalition in Partnership with the African Energy Chamber","author":"","date":"February 3, 2021","format":false,"excerpt":"The African Energy Chamber\u00a0 has announced the launch of the African Coalition for Trade & Investment in Natural Gas (ACTING), a non-profit initiative jointly managed with Hawilti Ltd. ACTING will act as the central platform advocating for natural gas across Africa and will leverage on the core strengths of both\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/7f0925530c6f0565c0aa56270d299bc0.png?fit=800%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/7f0925530c6f0565c0aa56270d299bc0.png?fit=800%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/7f0925530c6f0565c0aa56270d299bc0.png?fit=800%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/7f0925530c6f0565c0aa56270d299bc0.png?fit=800%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8429,"url":"https:\/\/www.oilnewskenya.com\/index.php\/fifth-africas-energy-conference-set-for-october-2021\/","url_meta":{"origin":9848,"position":1},"title":"Fifth Africa\u2019s Energy Conference Set For October 2021","author":"","date":"June 25, 2020","format":false,"excerpt":"Africa Oil & Power (AOP) 2021 highlights African integration across borders throughout the entire energy value chain and examines the African investment environment post COVID-19; AOP 2021 welcomes presidents, ministers, national oil companies and utility heads, IPP and renewables executives and more for the fifth edition of Africa\u2019s Energy Conference;\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Africa-Oil-Power.jpg?fit=489%2C352&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14717,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africas-role-in-global-liquefied-natural-gas-lng-markets-potential-and-risks\/","url_meta":{"origin":9848,"position":2},"title":"Africa&#8217;s Role in Global Liquefied Natural Gas (LNG) Markets: Potential and Risks","author":"","date":"February 17, 2025","format":false,"excerpt":"By NJ Ayuk, Executive Chairman, African Energy Chamber The State of African Energy 2025 Outlook provides an overview of the dynamics of Africa\u2019s involvement in the global LNG sector. The global energy marketplace is shifting toward the acceptance of natural gas as a pivotal component in the transition to cleaner\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/45-GECF-LNG-carriers.jpg?fit=1200%2C787&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/45-GECF-LNG-carriers.jpg?fit=1200%2C787&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/45-GECF-LNG-carriers.jpg?fit=1200%2C787&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/45-GECF-LNG-carriers.jpg?fit=1200%2C787&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/45-GECF-LNG-carriers.jpg?fit=1200%2C787&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6435,"url":"https:\/\/www.oilnewskenya.com\/index.php\/usea-doe-release-new-lng-handbook-africa-oil-week\/","url_meta":{"origin":9848,"position":3},"title":"USEA, DOE to release new LNG Handbook during Africa Oil Week","author":"","date":"October 20, 2017","format":false,"excerpt":"The U.S. Energy Association, along with the U.S. Energy Department\u2019s Office of International Affairs, and Office of Fossil Energy, will help kick off Africa Oil Week by releasing a new version of its LNG handbook designed to help Sub-Saharan Africa develop its natural gas resources and LNG projects. The handbook,\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/usea.jpg?fit=512%2C512&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":695,"url":"https:\/\/www.oilnewskenya.com\/index.php\/east-africa-the-newest-lng-frontier\/","url_meta":{"origin":9848,"position":4},"title":"East Africa: the newest LNG frontier","author":"Samuel Kamau Mbote","date":"March 12, 2014","format":false,"excerpt":"Story by LNG With extraordinary discoveries of natural gas in the Rovuma Basin, East Africa is emerging as a new LNG frontier. The International Energy Agency (IEA) estimates that Africa holds nearly 74 trillion m3\u00a0of technically recoverable natural gas reserves, nearly 10% of the world\u2019s total, and it is believed\u2026","rel":"","context":"In &quot;News by others&quot;","block_context":{"text":"News by others","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/news-by-others\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12342,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-the-signing-of-initial-lng-framework-agreement-will-open-african-gas-markets\/","url_meta":{"origin":9848,"position":5},"title":"TANZANIA: The Signing of Initial LNG Framework Agreement will Open African Gas Markets","author":"","date":"June 14, 2022","format":false,"excerpt":"Tanzania has made history with the signing of the initial Host Government Agreement (HGA) for the country\u2019s $30 billion liquefied natural gas (LNG) project. The agreement, which defines the fiscal, legal and commercial terms for the onshore components of the project, kickstarts negotiations for the development that will see Tanzania\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-HOT-Agreement-signing.jpg?fit=1080%2C494&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-HOT-Agreement-signing.jpg?fit=1080%2C494&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-HOT-Agreement-signing.jpg?fit=1080%2C494&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-HOT-Agreement-signing.jpg?fit=1080%2C494&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-HOT-Agreement-signing.jpg?fit=1080%2C494&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=9848"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9848\/revisions"}],"predecessor-version":[{"id":9850,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9848\/revisions\/9850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9849"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=9848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=9848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=9848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}