Africa’s gas production fields declining, AEC warns

0 295

NJ Ayuk, the Executive Chairman of the African Energy Chamber, has raised an alarm about the declining state of many of Africa’s existing gas production fields.

In The State of African Energy 2024 Report, Ayuk revealed that these fields are approaching the end of their productive lives, emphasizing the urgent need for African governments to explore gas resources. Failure to do so, he warned, could lead to energy poverty affecting approximately 600 million Africans.

Ayuk called on gas producers to continue extracting from existing fields, while countries with discoveries should expedite undeveloped projects to the final investment decision stage swiftly. He expressed concern about the maturing or declining state of many gas production fields, particularly in North and West Africa.

Nigeria, Angola, and Equatorial Guinea currently contribute 85% of the total gas output from West Africa until 2025, after which levels are expected to gradually decline. Ayuk highlighted the need for new projects to come online to sustain production.

Source: PUNCH

Leave A Reply

Your email address will not be published.