West Africa aiming for global supplier status
The region is making headway despite some output disruptions
Despite ongoing conflict throughout West Africa, the region's energy sector continues to make progress toward becoming a leading global oil and gas supplier. According to GlobalData, nearly $194bn will be spent on African oil and gas fields between 2018 and 2025. Nigeria has struggled for years to resist the threat from militant groups. The attacks are impeding the country's efforts to expand exploration outside the Niger River Delta, in the hope of finding new crude reserves. The threat of violence from several militant groups persists. The Niger Delta Avengers has in the past issued reported threats to Total's Egina oil field, which was scheduled for start-up in 2018. The ultra-deep-water
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
