Africa’s share of global gas supply will nearly double by 2050 – report
BONFACE ORUCHO, BIRD STORY AGENCY AFRICA'S gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum (GECF), from 6% in 2021. Production is projected to increase from 260 billion cubic meters in 2021 to 585 billion cubic meters in 2050, on the back of the maximal exploitation of local energy resources by governments. This will make Africa responsible for the second-largest growth in gas supply, by volume, globally, after the Middle East during the period. GECF is an intergovernmental organisation that provides a framework…