非洲天然气产业重心正在南移

Core Insights - Natural gas is becoming the only fossil fuel expected to see significant growth in global primary energy consumption due to its low-carbon transition attributes and flexible applications, particularly driven by rising demand in Asian markets [1] - The natural gas market in sub-Saharan Africa is reshaping the continent's development landscape, with the focus shifting from traditional hubs in North Africa to sub-Saharan regions, which hold over 70% of Africa's recoverable natural gas resources [1] Group 1 - Sub-Saharan Africa is projected to be the core engine for natural gas production growth, with LNG exports expected to surge from 35.7 billion cubic meters in 2024 to 98 billion cubic meters by 2034, representing an increase of nearly 175% [1] - The "Gas Decade" initiative in Nigeria is advancing with over $8 billion in final investment decisions for natural gas projects in the past 18 months, supported by significant infrastructure developments [2] - The cross-border gas field development between Senegal and Mauritania is expected to yield over 150 trillion cubic feet of recoverable reserves, with LNG production and exports anticipated to commence by 2025 [2] Group 2 - Mozambique is emerging rapidly with over 150 trillion cubic feet of recoverable reserves, as TotalEnergies plans to restart a $20 billion LNG project, with Indian companies holding a 40% stake and securing sales rights [2] - The Tanzanian LNG project, backed by Shell and Norway's Equinor, aims for a production capacity of 10 million tons per year, with a target operational date in 2029 [2] - The maturation of the sub-Saharan LNG market is attributed to a combination of resource endowment, market demand, policy optimization, technological innovation, and regional cooperation, despite challenges such as regional instability and weak infrastructure [3]