Some well-reasoned thinking in Africa on natural gas
Tom KirkmanIndependent Project Manager
Some well-reasoned thinking in Africa.
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“Natural gas is increasing its share in Africa’s energy portfolio, with environmental ambitions, energy security and accessibility, as well as domestic energy independence comprising key drivers of growth.
Despite global stakeholders and environmentalists negative perception of the resource, natural gas holds significant, and even critical, benefits for Africa, as energy poverty continues to be a major hinderance of meaningful economic growth.
… During his presentation, Omoboriowo II explained how natural gas can be used for the social good of Africa.
With over 600 million without access to electricity across the continent, and with 13 million more people actually losing access in 2019-2020 due to the effects of the COVID-19 pandemic, any resource that can increase access and reduce energy poverty should be utilized.
“In Africa we have two problems: the access problem and the availability problem. About 50% of African countries have electricity output levels that are below 50% of demand,” stated Omoboriowo II.
Yet, Africa has significant natural gas resources that, if leveraged, could sufficiently meet demand, increasing access to electricity and driving associated socio-economic growth.
According to Omoboriowo II, “Africa has over 600 trillion cubic feet of proven gas reserves, with Nigeria being the largest holder.” By utilizing gas, African can make energy poverty history by 2030. …”