The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29mn tonnes to 293mn tonnes in 2017, according to Shell’s annual LNG Outlook
Gas
Some bright spots emerging in Africa’s gas sector
The scale of Africa’s proved and probable natural gas resources is significant - challenges are not so much of exploration drilling but rather that of securing long-term capital to develop new gasfields and build local production hubs
Ethiopia to export natural gas by 2020
Ethiopia is planning to install a pipeline from Somali Regional State to Djibouti, aiming to export natural gas by 2020
Anadarko announces Mozambique LNG Sale and Purchase Agreement
Anadarko Petroleum Corporation has announced that Mozambique LNG1 Company Pte Ltd, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, SA, (EDF)
BP starts production from Egypt’s Atoll gas field
BP has started producing gas from the Atoll Phase One project, offshore Egypt, in the North Damietta concession in the East Nile Delta