日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Africa

Hope for Africa's energy industry persists despite COVID-19

By Edith Mutethya in Nairobi, Kenya | chinadaily.com.cn | Updated: 2021-10-26 23:25
Share
Share - WeChat

The African oil and gas industry has so far been one of the hardest hit in the wake of the COVID-19 pandemic.

The initial aftereffects of the demand vacuum and price crash caused by the pandemic led to production sanctions imposed by African member nations of the Organization of the Petroleum Exporting Countries.

However, despite the challenges there are positive prospects for the continent's oil and gas as well as the broader energy industry, according to a new report by the African Energy Chamber released on Monday.

Dubbed the State of African Energy 2022, the report said the continent's exploration activity is expected to increase gradually to 2019 levels, albeit well below pre-2015 levels.

The recovery will predominantly be driven by exploration in Ghana and Angola. The Angolan government has formed a consortium with five international oil companies including Eni and Chevron and is discussing an investment of $2 billion in the Soyo terminal.

The plant is expected to produce 5.2 million tons annually and supply natural gas to a 750-megawatt power plant, a step in electrifying the African continent. The consortium plans to start production from the project by 2022.

Greenfield activity is also expected to keep increasing for the remainder of this decade as many of the liquefied natural gas projects in East Africa start attracting investments.

Greenfield investments offshore in sub-Saharan Africa are also expected to increase with the recovery in sanctioning activity.

Six licensing rounds are expected to conclude before the end of 2021, with about 92 blocks on offer, while another 14 are expected to close in 2022.

In addition to increased exploration activities, the report said Africa is expected to sanction more gas resources compared to the last decade, which focused mainly on crude oil projects.

The report said natural gas should continue to be the main instrument against energy poverty, because it has a proven track record of enabling access in the continent.

It said Africa's abundant 600 trillion cubic feet of natural gas reserves can help meet the continent's future energy demand and play a key part in electrification in various countries due to its accessibility.

Over 580 million lack access to electricity, nearly 46 percent of Africa's population according to the African Energy Chamber.

"Gas-to power generation can help move away from other more polluting conventional fuels and assist in the energy transition," the report said.

To achieve widespread distribution of natural gas and construction of gas-to-power facilities, the report said clear regulations are essential.

Thirdly, the increase in demand for battery metals is expected to disrupt global supply chains and open new market opportunities for countries globally, particularly Africa.

Over half of countries in Africa have at least one of the critical metals needed for the energy transition.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产美女久久 | 香港毛片| 午夜激情影院 | 亚洲iv一区二区三区 | 一区在线视频 | 精品无码中出一区二区 | 亚洲免费在线视频 | 亚洲一区美女 | 91在线观看 | 久久国产资源 | 日本亚洲一区 | 欧美精品一区二区三区久久 | 51国产午夜精品免费视频 | 午夜色大片在线观看 | 婷婷色综合久久 | 亚洲国产aⅴ成人精品无吗 国内成人自拍视频 | xnxx 美女19| 深夜做爰性大片中文 | 国产精品综合视频 | 精品视频在线观看视频免费视频 | 国产精品国产 | 亚洲精品久久久久一区二区三区 | 国产在亚洲线视频观看 | 日本精品区 | 2021国产成人综合亚洲精品 | 一级毛片男女做受 | 女毛片| 久久久网站亚洲第一 | 国产美女黄色片 | 97国产精品 | 久久一区二区三区99 | 日韩一区二区三区四区 | 精品国产一二三区 | 日韩一级欧美一级毛片在线 | 羞羞哒哒视频 | 久久综合九色综合97婷婷群聊 | 亚洲免费色 | 午夜在线观看视频 | 视频国产一区 | 亚洲精品乱码久久久久久 | 日韩在线观看中文字幕 |