{"id":463604,"date":"2018-12-01T14:37:58","date_gmt":"2018-12-01T14:37:58","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=463604"},"modified":"2018-12-01T14:37:58","modified_gmt":"2018-12-01T14:37:58","slug":"africa50-energy-futures-initiative-announce-the-u-s-launch-of-report-on-natural-gas-in-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/12\/01\/africa50-energy-futures-initiative-announce-the-u-s-launch-of-report-on-natural-gas-in-africa\/","title":{"rendered":"Africa50, Energy Futures Initiative, announce the U.S. launch of Report on Natural Gas in Africa"},"content":{"rendered":"
<\/div>

Africa50, in partnership with Energy Futures Initiative (EFI) has announced\u00a0the U.S. launch of the gas report\u00a0Investing in Natural Gas for Africans: Doing Good and Doing Well<\/em><\/a><\/u>\u00a0during a ceremony held yesterday\u00a0at the Atlantic Council\u00a0Headquarters.<\/p>\n

 <\/p>\n

In June 2018, Africa50 commissioned a report from EFI to analyze the opportunities and benefits of natural gas development in Africa. The study explores the scale of potential domestic demand by mid-century, and the technologies that can help increase this demand and the concomitant supply and infrastructure.<\/p>\n

 <\/p>\n

Speaking at the ceremony,\u00a0Former U.S. Secretary of Energy and EFI founder, Secretary Ernest J. Moniz<\/strong>,\u00a0said in his opening remarks: \u201cNatural gas<\/a>\u00a0development in\u00a0Africa<\/a>\u00a0is a major opportunity for addressing multiple needs: economic needs,\u00a0health<\/a>\u00a0issues and indirectly women\u2019s empowerment and environmental needs.\u201d He added that Africa was the most dynamic continent in terms of growing middle class and developing economies and that the development of natural gas required an integrated approach with huge investments in urban and rural infrastructure. He commended Africa50\u2019s efforts in helping the continent attract such investments\u201d.<\/p>\n

 <\/p>\n

Africa50<\/strong>\u00a0CEO, Alain Ebobiss\u00e9\u00a0<\/strong>added: \u201cWith over 7.5% of the world\u2019s known gas reserves, Africa is sitting on another natural resource bonanza, which can power its industrialization and sustainable growth. African countries must develop domestic gas reserves and infrastructure and secure reliable imports via pipelines or Liquified Natural Gas to fully profit from this tremendous opportunity. We are actively looking for partners that will co-invest with us, including in innovative technologies, to help develop the continent\u2019s natural gas industries\u201d.<\/p>\n

 <\/p>\n

The event\u00a0concluded with a\u00a0panel discussion featuring\u00a0Andrew Kamau, Principal Secretary in Kenya\u2019s State Department of Petroleum<\/strong>; AlainEbobiss\u00e9; and\u00a0EFI Managing Principal Melanie Kenderdine<\/strong>.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Africa50, in partnership with Energy Futures Initiative (EFI) has announced\u00a0the U.S. launch of the gas report\u00a0Investing in Natural Gas for Africans: Doing Good and Doing Well\u00a0during a ceremony held yesterday\u00a0at the Atlantic Council\u00a0Headquarters.   In June 2018, Africa50 commissioned a report from EFI to analyze the opportunities and benefits of natural gas development in Africa.<\/p>\n","protected":false},"author":527180,"featured_media":463605,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12065],"tags":[15169,15647],"class_list":["post-463604","post","type-post","status-publish","format-aside","has-post-thumbnail","category-press-releases","tag-africa50","tag-efi","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"\nAfrica50, Energy Futures Initiative, announce the U.S. launch of Report on Natural Gas in Africa - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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