African LNG exports rise on Europe’s search for alternative supply
African LNG exports have increased 27% yoy to 11.32 million tonnes in the first quarter of 2026, as Qatari supply disruptions pushed European buyers to source more cargoes from Nigeria, Algeria and Angola.
World Bank pledges $6 billion in soft loans for Mozambique
Mozambique has been promised $6 billion in concessional financing, so-called soft loans from the World Bank for public investment projects – plus $4 billion of funding for the private sector, potentially supporting energy infrastructure projects like the Coral Norte FLNG.
African utilities struggle with sustained LNG surplus
Global LNG supply is forecast to top 594 million tons by 2030, as a massive capacity build-out in Qatar and the US causes an oversupply of up to 15 million tons. For African utilities, a sustained supply surplus is more of a curse than a blessing, analysts warn.
Equatorial Guinea to invest in LNG regas plant
Equatorial Guinea is to build West Africa’s first LNG storage and regas plant.
