The potential value of 4.6 tcf of natural gas flared globally in 2019 could be as high as US$24bn, if priced at the European gas benchmark, said leading data and analytics company, GlobalData
Gas
Air Products’ technology selected for Mozambique’s first onshore LNG project
Technology company Air Products has signed an agreement to provide its proprietary LNG technology, equipment and related process license and advisory services to the Mozambique LNG Project
Importance of gas for African energy transformation highlighted at IP Week
Government cooperation is important but the private sector is expected to lead the way in boosting access to energy - this was the message from an African panel session at IP Week, held in London last week
Nigeria to increase gas for domestic use, says NNPC managing director
The Nigerian National Petroleum Corporation (NNPC), the national oil company, has announced its intention to expand its domestic gas production so as to double capacity from the current production of 1.1 bscf to 2.2 bscf
Eni reaches agreement allowing restart of Damietta liquefaction plant in Egypt
Eni has signed a series of agreements with the Arab Republic of Egypt (ARE), the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS) and the Spanish company Naturgy, which pave the way for the restart the Damietta liquefaction plant in Egypt by June 2020