The US Energy Association (USEA), along with the US Energy Department’s Office of International Affairs, and Office of Fossil Energy, will today release a new version of its LNG handbook.
The handbook titled, ‘Understanding Natural Gas & LNG Options’, is designed to help Sub-Saharan Africa develop its natural gas resources and LNG projects.
Funded through the Power Africa Initiative, the handbook has been compiled “over the past two years by dozens of technical and legal experts from the government and private sector, for policymakers and companies to help develop Sub-Saharan natural gas resources, expand critical infrastructure necessary to increase access to electricity, drive industrial activity and economic growth,” USEA said in a statement.
US Energy Association
Speaking at an event in Cape Town today, industry stakeholders will discuss the handbook, financing and implementation challenges associated with new natural gas and LNG-to-power projects, and policies and regulations that have enabled successful LNG projects.
In a statement issued by the US Energy Department, Secretary Perry said: “[…] I look forward to working discussions with our allies in South Africa and across the continent to advance mutually beneficial safe and sustainable energy development.”
USEA executive director Barry Worthington said: “The handbook really moves the needle on economic growth in Sub-Saharan Africa, a region ripe with opportunity for resource development, especially production of natural gas. Global demand for natural gas is expected to double by 2035, and in turn, the demand for LNG.”
He added: “Working together, our team of experts at USEA, DOE and USAID have created a roadmap for prosperity for Sub-Saharan African countries otherwise struggling to grow economically and meet their own energy needs. If the countries can produce their natural gas and export it, they’ll draw investment, and they’ll build their infrastructure and improve their economies.”
Worthington further noted: “The US is not just providing aid in the form of money, the US is teaching these countries, these governments, to fish so they can survive on their own.”
Explaining the guide, the USEA describes the content to outline technical, commercial, and economic factors that the African countries should consider when producing and exporting the continent’s most abundant energy resource—natural gas.
It could spur significant investment in Africa’s gas and power sectors and open a market for US manufacturing and technology.
“LNG exports are poised to be an important catalyst for economic growth in African countries. Natural gas and LNG development can enable economic development and stimulate further investment in national infrastructure,” the authors wrote in the handbook.
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