Representing the cleanest fossil fuel and also the most affordable in Africa – the continent boasts more than 620 trillion cubic feet (tcf) of proven gas reserves, with new exploration campaigns to double this figure – the monetization and exploitation of gas will allow By 2030 .Africa will enter the history of energy poverty. In addition to its power generation capabilities, gas is an ideal resource for energy industries as well as households, providing heat and clean cooking solutions. At a time when more than 900 million people in Africa lack access to clean cooking solutions, strengthening the supply and distribution of products such as liquefied petroleum gas (LPG) is critical.
In line with this aim, LNG market specialist Avedia Gas has joined Africa Energy Week (AEW) 2022 as a Bronze Sponsor, further cementing the company’s role in Africa’s energy future. During AEW 2022, Avedia will participate in panel discussions, networking events and meetings, expanding the dialogue around gas in Africa and the role that LPG has and continues to play.
Avedia Gas has played and continues to play a significant role in increasing the supply of LPG to the South African market, improving access to clean cooking while improving the efficiency of processing and processing of LPG in South Africa. Since its establishment, the company has developed bulk import and processing facilities, being one of the key suppliers of LPG in the country. The company is focused on further expanding its domestic and regional CIS market, and AEW 2022 is an ideal platform to secure new partnerships and deals that will enable it to achieve its growth objectives.
For Africa, strengthening the LPG market in 2022 is key. Large-scale exploration and production projects are currently underway across the continent, offering local populations the opportunity to benefit from both energy and cooking solutions. In Africa, projects such as Senegal and Mauritania, the 15 trillion cubic feet Greater Tortue Ahmeyim development, with the first phase scheduled to come online in 2023; A 3.7 million tonnes per annum (mtpa) liquefied natural gas (LNG) terminal in Equatorial Guinea aimed at improving gas trade in Africa; and the 171-million-foot-per-day Sankofa gas project in Ghana should bring new supplies online. Meanwhile, particularly in South Africa, Mozambique has more than 100 trillion feet of reserves; 11 tcf in Angola; and perhaps Zimbabwe’s 20 trillion feet should change the market, and the regional LPG sector will boom itself.
Meanwhile, new gas infrastructure developments aim to significantly improve intra-African gas trade, allowing domestic markets across the continent to benefit from increased natural gas supplies. Using the African Continental Free Trade Agreement, various projects including pipelines and trade infrastructure have been launched.
“In 2022, more than 900 million people do not have access to clean cooking solutions. This is a crisis that directly affects the population of Africa and will continue to cause health and socio-economic problems unless new fuel solutions are brought to the African market. Gas is the way out of this crisis. The continent’s abundant supplies and accelerated project development promise a new era of distribution and utilization, and with companies such as Avedia Gas committed to improving the supply and distribution of gas-related products such as LPG, the continent’s future is bright,” the statement said. . NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), adding that “During AEW 2022, there will be heated discussions around the role of gas and LPG in Africa’s energy and economic future.”
Distributed by APO Group on behalf of Africa Energy Week (AEW).
Contacts:
For sales, please contact [email protected]
For questions about attendance, please contact [email protected]
For questions related to the speaker, please contact [email protected]
For media related questions, please contact [email protected]
About AEW 2022:
AEW 2022 is the AEC’s annual conference, exhibition and networking event. AEW 2022 brings together African energy stakeholders with investors and international partners to drive the growth and development of the industry and promote Africa as a destination for energy investment. Key organizations such as the African Organization of Petroleum Producers, as well as African heavyweights including Equatorial Guinea and Nigeria, are partnering with AEW, reinforcing the role the event will play in Africa’s energy future.
This press release was published by APO. The content is not under the editorial control of African Business and the content has not been checked or verified by our editorial teams, proofreaders or fact-checkers. The issuer is solely responsible for the content of this message.
