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: 成人 在线 | 国产精品美女久久久久久久久久久 | 日本高清一区二区三区不卡免费 | 五月综合久久 | 午夜精品在线播放 | 男人天堂网av | 免费视频爱爱太爽了 | 久草福利在线视频 | 手机在线看片国产日韩生活片 | 国产成人综合网在线观看 | 欧美日韩国产中文字幕 | 色视在线 | 午夜日韩 | 欧美黄色一区 | 国产小视频在线观看免费 | 国产色情A片国语露对白 | 精品久| 日韩欧美在线视频 | 精品国产福利在线 | 日韩成人在线观看视频 | 午夜网站入口 | 国产毛片a精品毛 | 人人干视频在线观看 | 国产黄色网址在线观看 | 亚洲综合久久成人A片红豆 日本亚洲成人 | 狠狠干网 | 亚洲精品国产电影 | 性开放的欧美大片按摩 | 中文字幕在线一区 | 欧美全黄 | 国产精品亚洲综合第一区 | 精品欧美一区二区在线看片 | 91九色国产视频 | 欧美一级在线观看 | 日日爽天天 | 玖玖精品| 日本黄色一级片视频 | 天天操夜夜摸 | 亚洲精品人成网在线播放蜜芽 | xnxx18日本 | 日韩欧美视频在线 |