Germany is looking to west Africa to help solve its gas woes — Quartz Africa & More News Here

On May 22, Olaf Scholz began a three-day tour of Africa in Senegal—his first since turning into the chancellor of Germany—and stated his nation desires to help develop pure gas initiatives off the coast of west Africa.

Germany is Europe’s largest economic system however its native gas manufacturing caters to solely 5% of annual demand, making it depending on imports from Europe, particularly Russia, for the remaining.

With Vladimir Putin’s invasion of Ukraine inflicting Germany to halt imports from Russia and droop the Nord Stream 2 gas pipeline (which was supposed to take gas from Russia to Germany), Scholz’s authorities is exploring alternate options for gas provide.

Gas discipline on Senegal’s border has potential

One standout ongoing venture on this a part of west Africa, that is of curiosity to Germany, is the Greater Tortue Ahmeyim (GTA) gas discipline owned by the governments of Mauritania, and Senegal.

The reserve is being explored by BP, the British firm, and so they estimate the sector holds up to 15 trillion cubic toes of pure gas. GTA is anticipated to produce its first barrels of gas in 2023 after a pandemic-induced delay prevented preliminary plans to take off this yr.

The BP-led GTA venture will value $4.8 billion. Senegal’s president Mack Sall expects it to enhance his nation’s liquefied pure gas manufacturing to 2.5 million metric tons a yr when it opens subsequent yr. Scholz, the German Chancellor, sees a possibility for Germany to help develop the venture.

“We have started exchanging ideas about this, and following these talks we will continue to do so very intensively at the technical level,” he stated, in accordance to German information broadcaster DW.

Algeria, and Nigeria have intensive pure gas reserves

Senegal is behind Nigeria and Algeria by way of the scale of gas reserves in Africa. Only Russia, and Norway have equipped extra gas to the EU than Algeria previously two years.

But the invention of gas deposits of up to 40 trillion cubic toes in Senegal between 2014 and 2017 has seen it emerge as a future power provider to the world. Local gas manufacturing is additionally good for bettering energy provide in Senegal.

Sall criticized a plan introduced by the US, Canada and different rich nations final yr at COP26, the local weather summit in Glasgow, to finish the financing of worldwide fossil gasoline initiatives.

“At a time when several African countries are preparing to exploit their significant gas resources, the end of funding for the gas sector, under the pretext that gas is a fossil energy, would bear a fatal cost to our emerging economies,” Sall stated at a China-Africa summit in November.

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