Developing Africa draws gas processing investment
The continent is home to mega-scale projects on both its east and west coasts as its growing economies see rising demand for gas
Global gas demand is forecast to reach nearly 4.2tcm in 2025, according to the International Gas Union, marking a year-on-year increase of more than 70bcm. The rise is being led by various factors, including coal-to-gas switching for power generation, urbanisation, decarbonisation, trade and feedstock for growing datacentres. These factors will continue to drive gas demand over the next few decades. For example, the Gas Exporting Countries Forum’s (GECF’s) Global Gas Outlook to 2050 forecasts that global gas demand will reach nearly 4.6tcm by 2030, surpass 5tcm by 2040 and increase to more than 5.3tcm by 2050 (see Fig.1). Consumption will be led by Asia and North America. As demand for gas i
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