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Property Trends

Africa could emerge as fourth LNG supply base

Gas discoveries in and around Africa indicate that the continent could emerge as the fourth major supply base for liquefied natural gas (LNG), after the Middle East, Australia and the US, according to Drewry Maritime Research.

If all the projects that are currently being pursued come on stream on schedule, Africa could leave Qatar behind in terms of nameplate capacity and LNG production by the end of the decade.

Front-End Engineering & Design (FEED) for the first LNG terminal in Mozambique was awarded to a joint venture between Fluor Corporation and JGC Corporation by Anadarko Moçambique in January 2013. Initially, the FEED will deliver 20 million tonnes per annum (mtpa) of LNG, with the potential to expand its capacity to 50 mtpa of LNG in the future.

Read the full article on www.esi-africa.com.

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