Regional Focus: Africa’s floating LNG sector looks to regain footing post-pandemic

The drive to harness natural gas reserves in Africa is supporting low-emissions energy generation and effective monetization of marginal and small gas fields. This has created space for investment in floating liquefied natural gas (FLNG) and floating storage and regasification (FSRU), although the sector is still in its infancy. COVID-19 slows gas developments. The pace of natural gas exploration, production and processing in sub-Saharan Africa was gaining momentum prior to the COVID-19 pandemic, which slowed or disrupted project progress in many areas from early 2020. Due to national lockdowns and restricted international travel, some gas production and processing operations in Africa were