11th January 2017
GCA is pleased and proud to have participated in the US Department of Energy’s Power Africa initiative.
The Energy Power initiative’s latest collaborative publication, “Understanding Natural Gas and LNG Options” was launched in Nairobi, Kenya in December, 2016. This is a detailed guide to developing gas resources in Africa, especially via LNG, and also emphasizes the increasing importance of LNG imports across the continent, with a focus on gas/LNG to power, with the wave of FSRU/FLNG type projects under consideration.
GCA’s Nicholas J. Fulford, Global Head of Gas & LNG was a key contributor to the book and is pleased it is now available to a wide audience of decision makers in this important arena.
You may also be interested in other GCA articles on:
Gas & LNG such as:
or Africa such as:
As the Department of Energy states:
"Electricity drives opportunity in the modern world. Industrial activity and critical infrastructure from telecommunications to transportation rely on electricity – access to reliable and affordable energy is essential to virtually every aspect of our increasingly dynamic and interconnected world. At present, however, about two-thirds of citizens in sub-Saharan Africa lack access to electricity.
The Power Africa Initiative, started in 2013 and reinforced by the Electrify Africa Act passed by the U.S. Congress in 2016, addresses this challenge by bringing together technical and legal experts, the private sector, and governments from around the world in partnership to build human capacity and promote projects that will bring electric power to millions of people in Africa.
Natural gas development provides an important bridge to a cleaner energy future and could enable public entities and private companies to generate more power from abundant indigenous resources while also generating badly needed revenue from exports of gas as LNG. For those countries with resource potential, developing LNG can provide cleaner fuels for generating electricity, producing industry feedstocks, and fueling industries. LNG trade can also promote growth through participation in regional and global markets.
With these challenges and opportunities in mind, the U.S. Department of Energy (DOE) Offices of International Affairs and Fossil Energy with assistance from the U.S. Energy Association and funding from USAID/Power Africa created an LNG handbook, “Understanding LNG and Natural Gas Options.” This is the third volume in Power Africa's Understanding Series of handbooks, outlining best practices for developing energy projects in sub-Saharan Africa. This handbook focuses on the factors that exporting or importing nations on the continent need to consider when making decisions about natural gas development in general and more specifically the development of liquefied natural gas (LNG) projects. These natural gas projects are necessary to monetize resource development and promote intra-regional gas trade."
You can download a copy of the publication from the US Department of Energy website, or can contact Nick Fulford at GCA for discussion.
GCA’s Global Gas & LNG group are well placed to advise on gas monetisation in Africa and elsewhere, M&A asset valuations, contractual reviews, disputes and negotiations. Please feel free to contact the author, Nick Fulford, or Ryan Pereira (Principal Commercial Manager – Global Gas & LNG, firstname.lastname@example.org) for further information or discussion.
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