IEA doubts near-term Africa LNG hopes

No new LNG projects will come online in Africa before 2020 due to falling commodity prices and competition from Australia and the US, where construction has already begun on facilities that will add significant volumes of gas to the market, according to researchers with the International Energy Agency (IEA).

Uncertain prospects: African LNG projects could be pushed back
Uncertain prospects: African LNG projects could be pushed back
Published 5 June 2015, 12:53Updated 5 June 2015, 13:27