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    Tag: LNG

    Jan 02
    Transforming Global LNG Surplus into African Opportunity: Prioritizing Domestic Gas Infrastructure for Sustainable Growth

    According to Bloomberg’s Global LNG Market Outlook 2030, global LNG supply is projected to surge from 2027 onward, driven by expansions in the U.S., Qatar, and North African producers such as Algeria. The report anticipates supply reaching approximately 594 million tons per annum by 2030—a 42% rise from 2024 levels—with a potential 15-million-ton oversupply in […]

    Jun 08
    South Africa Proposes $12B LNG Deal with U.S. to Secure Energy Transition

    South Africa has proposed purchasing 75-100 million cubic meters of liquefied natural gas (LNG) annually from the United States over a ten-year period. This initiative aims to support South Africa’s shift from coal to natural gas and is part of a broader trade agreement that includes duty-free quotas for various exports