gas exports

In a significant development for Nigeria’s energy sector, the state-owned Nigerian National Petroleum Corporation (NNPC) announced a planned investment of $550 million with French energy giant TotalEnergies to develop a new gas processing facility in southern Rivers State. This project aims to address Nigeria’s challenges in harnessing its vast gas reserves and boost both exports and domestic supply.

The postponement of Tanzania’s liquefied natural gas (LNG) project has raised concerns about the continent’s potential to capitalize on gas exports. Delays in the project’s development underscore the risks Africa…