It’s all about the money as gas investors focus on ‘quality’ projects

Demand for natural gas is rising across the continent, as African governments promote gas-to-power (GTP) projects to meet rising electricity consumption and growth industries such as cement look to secure energy supply. But creating business environments that encourage sustainable investment in costly infrastructure remains problematic, even in countries with major offshore gas finds, such as Mozambique and Tanzania – which have hoped to stimulate local investment by incorporating a substantial domestic supply obligation into their proposed liquefied natural gas (LNG) export projects.