The Invest in African Energy Forum, convened in Paris, highlighted pivotal energy sector developments across Africa, with a particular focus on the burgeoning liquefied natural gas (LNG) markets in Mozambique and Angola, as well as diverse energy initiatives spanning from nuclear power to natural gas throughout the continent.
Mozambique and Angola Spearhead LNG Production Growth
Mozambique is set to rank as the fourth largest LNG producer globally after launching its first Floating Liquefied Natural Gas (FLNG) project, the Coral Sul FLNG, spearheaded by Eni. This project initiated in 2022 and led to a significant GDP growth of 6% in Mozambique in 2023, underscoring the economic impact of energy development. Marica Calebrese, Managing Director at Eni Rovuma Basin, emphasized the transformative role of the Coral project: “This FLNG was the first of its kind in ultra-deep water globally, and it has been pivotal in boosting Mozambique’s GDP, with half of this growth attributable to gas sales from Coral.”
Angola, through its Angola LNG project, has also seen substantial growth, with a 14% increase in LNG exports in 2023. The country is leveraging these developments to meet 25% of its energy needs by 2025, focusing on reducing flaring and increasing LNG production. Ian Cloke of Afentra discussed strategies for environmental sustainability and enhanced production efficiency: “Plans are underway to connect newly developed gas projects directly to the Angola LNG facility, turning assets that once flared significantly towards zero flaring.”
Enhancing Gas Utilization and Monetization
Strategic collaboration and infrastructure development were identified as key enablers for optimizing natural gas use. Bráulio de Brito of AECIPA highlighted the significance of fostering policies and financing that support gas project development and monetization. “We are promoting initiatives that facilitate service companies and project operators to engage more effectively in gas utilization under the guidance of the Ministry,” he stated.
In Ghana, efforts to convert natural gas into electricity were discussed by David Pappoe Jr, CEO of Energas West Africa Limited, who pointed out the technological readiness but emphasized the need for more robust investment frameworks to actualize these capabilities.
South Africa’s Dual Focus on Nuclear and Natural Gas
South Africa’s ambitious plans to integrate significant nuclear and natural gas capacities into its energy mix were a focal point. The 2023 Integrated Resource Plan outlines the addition of 14,500 MW of nuclear power and over 7,000 MW of natural gas capacity by 2050, a strategic move to overcome ongoing power supply issues.
Paul Eardley-Taylor from Standard Bank drew connections between regional energy developments and South Africa’s energy security, citing significant oil and gas discoveries in Namibia and ongoing projects in Mozambique as potential support for regional energy stability.
Dr. Sama Bilbao y León of the World Nuclear Association championed nuclear energy as a reliable and clean energy source that could significantly contribute to Africa’s energy needs, while Calib Cassim from Eskom discussed the critical role of transition fuels such as natural gas in supporting South Africa’s move towards a more diversified and stable energy supply.
Conclusion
The Invest in African Energy Forum shed light on transformative energy developments that are setting the stage for increased energy independence and economic growth across Africa. From Mozambique and Angola’s strides in LNG production to South Africa’s comprehensive energy diversification plans, the continent is emerging as a dynamic force in global energy innovation. These advancements are paving the way for a future where sustainable and diverse energy solutions drive regional development and prosperity.
Shaping Africa’s Future at the Energy Transition Centre
As we embark on a critical journey towards a sustainable energy future, your involvement is crucial. The Energy Transition Centre at CLG is at the forefront of transforming Africa’s energy landscape, advocating for an energy mix, including renewable energy adoption to foster economic growth and improve quality of life. We invite you to join us in this essential mission. Whether you’re an industry expert, a policy maker, or a concerned citizen, your contribution can make a significant difference. For guidance, insights, or to share your ideas, feel free to contact the Energy Transition Centre today with questions:
- Oneyka Ojogbo, Head of Energy Transition Centre: [email protected]
- Leon van Der Merwe, Head of Energy Transition Centre: [email protected]
- Brenda Wangura: [email protected]
Together, we can shape a brighter, more sustainable future.
Author: Memoona Tawfiq
