Commodity Market Report

Global gas markets long-term supply outlook - Western Africa - H1 2015

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West Africa is an established LNG supply region. There is 23.8 mmtpa of existing LNG export capacity however, reliability of exports has been poor. Nigeria leads the region, contributing 20.4 mmtpa of LNG capacity whilst Equatorial Guinea LNG operates at a steady 3.4 mmtpa. Angola LNG is expected to come back online in 2016 after several serious technical issues and two FLNG projects in Cameroon and Equatorial Guinea could reach FID by H2 2015 and 2016 respectively.  
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Table of contents

  • Executive summary
    • LNG has monetised associated gas and reduced widespread gas flaring
    • Underfunding and security of supply are holding back Nigerian exports
    • Huge exploration potential for material gas discoveries but commercialisation will remain difficult
    • Floating LNG is a potential game-changer for West Africa
    • Ambitious plans for indigenous Nigerian demand growth unlikely to be realised
    • Modest gas demand growth in Angola
    • Gas demand in Cameroon and Equatorial Guinea forecast to remain low
    • LNG
    • Pipe
    • Export potential
    • Nigeria
    • Angola
    • Equatorial Guinea
    • Cameroon
    • Policy and strategy
      • Nigeria shifts focus to gas through legislation
      • Angola's tough fiscal terms stifle gas developments
      • Reserves are a key concern for Cameroon's export plans
    • Market access
      • LNG
      • Pipe
    • Recent trends
      • LNG
      • Pipe
    • Outlook
      • Medium term
      • Long term
  • Risks and uncertainties

Tables and charts

This report includes the following images and tables:

    Map - key domestic and export infrastructureIndigenous production potentialDomestic demand by country
    Domestic demand by sectorDemand: Table 1Export capacityContracted exports vs. export potentialExisting LNG capacityFuture LNG capacityPipelineAvailable export volumes vs Available export capacityExport outlook vs. export potential
  • 2 more item(s)...

What's included

This report contains:

  • Document

    GGS - Western Africa - H1 2015.xls

    XLS 276.50 KB

  • Document

    Global gas markets long-term supply outlook - Western Africa - H1 2015

    PDF 618.90 KB

  • Document

    Executive summary

    PDF 410.46 KB

  • Document

    Executive summary

    PDF 335.23 KB

  • Document

    Supply

    PDF 75.29 KB

  • Document

    Supply

    PDF 105.12 KB

  • Document

    Demand

    PDF 87.20 KB

  • Document

    Demand

    PDF 100.80 KB

  • Document

    Infrastructure

    PDF 76.57 KB

  • Document

    Infrastructure

    PDF 120.00 KB

  • Document

    Supply-demand balances

    PDF 57.10 KB

  • Document

    Supply-demand balances

    PDF 83.34 KB

  • Document

    Contracts

    PDF 52.71 KB

  • Document

    Contracts

    PDF 86.26 KB

  • Document

    Trade

    PDF 81.03 KB

  • Document

    Trade

    PDF 113.91 KB

  • Document

    Risks and uncertainties

    PDF 53.05 KB

  • Document

    Risks and uncertainties

    PDF 59.84 KB

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