H. Yoo
Research expert covering South Korea
Natural gas industry in Africa - statistics & facts
Africa houses roughly seven percent of the global proved natural gas reserves. Natural gas production on the continent has been increasing and is set to keep an upward trend, driven by new gas discoveries and projects in development. Since 2000, the gas output volume in Africa has increased by over 70 percent. In the coming years, the continent might record an annual growth rate of nearly three percent in the production level, jumping from roughly 230 billion cubic meters in 2020 to some 520 billion cubic meters in 2050.
