Nigeria, African nations priotise to develop 620trn cubic feet of gas reserves

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Despite the clamour for energy transition, Nigeria and other African nations have expressed commitment toward the development of their 620 trillion cubic feet of proven gas reserves, targeted at bolstering energy security, industrialization and environmental sustainability.

The continent is also committed to the development and exploitation of its estimated 125.3 billion barrels of proven crude oil reserves.

In a statement obtained by Vanguard, African Energy Chamber, AEC, stated: “Africa is prioritising the development and exploitation of its estimated 125.3 billion barrels of proven crude oil and 620 trillion cubic feet of proven gas reserves under efforts to bolster energy security, industrialization and environmental sustainability.

“The African Energy Chamber , the voice of the African energy sector, is proud to announce the return of Amni International at Africa’s premier event for the energy sector, African Energy Week 2023 – scheduled for October 16 to 20 in Cape Town. Amni International has once again joined the event as a Bronze Sponsor, a testament to the company’s commitment to Africa’s energy future.

“For more than 28 years, Amni International has been instrumental in driving the growth of Africa’s hydrocarbon sector. Through its comprehensive operations spanning the entire exploration and production life cycle, the company has not only played a pivotal role in energy market growth but has also been a trailblazer in facilitating the participation of local independent firms in offshore fields across West Africa.

 

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