Technology evolution drives Africa LNG market growth

摘要

FROM IMPROVEMENTS IN upstream technology, through to downstream processing and transportation, the LNG industry has seen huge and unprecedented change. It has enabled pioneers such as gas giant Qatar to massively ramp up LNG supply to customers all over the world, as economies of scale have brought costs down. And it has come at just the right time with gas demand on the rise and oil prices running high. Now, Africa could be at the forefront of the LNG technology evolution as operators seek to monetise new gas deposits away from established infrastructure. This includes exploiting huge new deepwater gas finds off Tanzania and Mozambique's prolific Rovuma basin.