In its African Energy Outlook 2020 report launched last month, the African Energy Chamber ("The Chamber") (https://EnergyChamber.org/) highlighted the importance of increased infrastructure capacity in Africa’s long-term industrial development.
Spotlighting the
"At a time when the low oil price is gripping treasury revenues, private capital is developing key oil and gas infrastructure projects which could have a significant impact on the African energy and power landscape over the next decade," the report said.
On the
To this, the report said, "the refinery’s tank farms are set out for completion in Q4-19 and they may be used as a depot before the refinery’s production starts. This would provide an immediate increase to fuel storage capacity."
Ghana’s determination to become sub-Saharan Africa’s first LNG importer in 2020 is set to become a reality as the Tema LNG terminal project nears completion. The project will be able to cover 25 percent of Ghana’s total electricity generation capacity, with gas providing a cheaper alternative to oil.
"The deal with Rosneft enables
Now available for free download on the website, the African Energy Outlook 2020 also features the 25 Movers and Shakers to Watch list which highlights key industry players that are set to have a great impact on the future of Africa’s energy and economic development. The list includes Donald J. Trump President Of The United States of America; Mustafa Sanalla Chairman,
The African Energy Outlook 2020 is now available on www.EnergyChamber.org
Distributed by
For news and updates, follow our social media:
Twitter: @energy_african
LinkedIn: African Energy Chamber
Youtube: African Energy Chamber
About the African Energy Chamber:
Determined to promote growth in the African energy sector. The African Energy Chamber (https://EnergyChamber.org/) encourages collaboration between businesses and government and takes a leadership role in shaping policies, sharing best practices and using resources to create value.
© African Press Organization, source