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Algeria recorded the largest natural gas production in Africa as of 2023, reaching an output of over *** billion standard cubic meters. Egypt and Nigeria followed as main producers: Each country registered an output of nearly ** billion and ** billion cubic meters, respectively. That same year, the natural gas output on the African continent totaled over *** billion cubic meters, a volume that increased by over ** percent in the previous two decades.

The rise of new players

Africa houses roughly *** percent of the world’s proved natural gas reserves in 2023. In general, the main African gas producers also concentrate the largest reserves on the continent. Nigeria, for instance, registered around *** trillion standard cubic meters in natural gas reserves as of 2023. However, apart from the established main producing countries, other African nations have been rising as potential players in the natural gas industry. An example is Mozambique, which, due to recent discoveries, moved up as the third-largest holder of natural gas reserves in Africa. Additionally, upcoming projects in countries such as Senegal and Ethiopia aim to increase the continent’s production and exportation of gas.

Growing participation in the international market

Due to the abundant natural gas reserves, Africa is expected to increase its standing in the global market in the coming years. By 2050, the volume of gas exported from the continent might rise threefold. In 2023, African LNG exports totaled **** billion cubic meters, while around ** billion cubic meters of gas were delivered via pipelines. In 2021, operational terminals for the export of LNG on the continent presented a combined capacity of ** million metric tons per year - a volume expected to grow due to proposed terminals and others under construction.