Eastern and Southern Africa as the New Persian Gulf?

The delivery of Mozambican gas to Spain and Croatia last winter almost went unnoticed, even though it was a forerunner of new promising supplies to Europe. The latter, one of the world’s largest energy consumers, has recently lost its main supplier, Russia, and the gap in the market is still open. This creates a golden opportunity for Eastern and Southern Africa, rich in natural gas reserves. The region now holds the potential to take off just as the Gulf region did almost a century ago – but first, it has to overcome several obstacles. The region’s proven gas reserves amount […]