Connect with us
Anglostratits

Energy

Angola’s Gas Pivot: From Associated Volumes to a Multi-Market Future

Published

on

African Energy Chamber

Angola is accelerating the shift from associated gas reinjection toward non-associated gas development, LNG optimization and domestic demand growth – marking a critical inflection point in the country’s long-term energy strategy

LUANDA, Angola, January 27, 2026/APO Group/ –Long treated as a byproduct of oil production, natural gas is increasingly viewed by policymakers as a strategic asset capable of underpinning exports, power generation and industrialization. Insights from the African Energy Chamber’s (https://EnergyChamber.orgState of African Energy 2026 Outlook highlight how Angola is moving beyond its historical reliance on associated gas, while grappling with the infrastructure and commercial challenges that will shape the next stage of its gas market.

 

For decades, Angola utilized large volumes of associated gas primarily for reinjection, enhancing oil recovery and supporting offshore operations. While this approach helped sustain crude output, it left significant gas value untapped. The turning point came with the construction of Angola LNG in 2008, which marked the country’s entry into global LNG markets and materially reduced upstream emissions. Initially supplied by associated gas from Blocks 15, 17 and 18 – operated by ExxonMobil, TotalEnergies and Eni/bp – the plant later expanded feedstock sourcing to include Chevron-operated Blocks 0 and 14, as well as Eni/BP’s Block 31 and TotalEnergies’ Block 32.

Yet even today, around half of Angola’s associated gas production continues to be reinjected, largely for pressure maintenance. New developments are expected to follow a similar pattern, underscoring why non-associated gas has become central to Angola’s forward strategy. In December 2024, Chevron achieved first gas from the Sanha Lean Gas project in Block 0, adding new supply to Angola LNG and demonstrating how late-life assets can be repurposed to sustain exports. The New Gas Consortium – led by Azule Energy alongside Sonangol, Equinor and Acrep – is targeting non-associated gas fields in the Lower Congo Basin, with early Quiluma and Maboqueiro developments expected to help fill Angola LNG capacity by 2026.

Gas gives Angola the opportunity to industrialize, stabilize power supply and monetize resources that were previously wasted

Exploration momentum is also building. Azule announced a gas discovery at the Gajajeira-01 well in Block 1/14 in July 2025 and plans further exploration in the Congo Fan (Block 47) and Namibe Basin (Block 28) in 2026. These efforts reflect renewed confidence in Angola’s gas prospectivity, particularly following earlier Atlantic Margin successes. However, not all discoveries are equally advantaged. In the Kwanza Basin, several gas-dominated pre-salt finds remain stranded due to deepwater development costs and the absence of nearby gas evacuation infrastructure.

The notable exception is TotalEnergies’ Kaminho project in Block 20. The Cameia and Golfinho gas-condensate fields – Angola’s first production from this block – are being developed primarily for condensate recovery via the Kaminho FPSO, with gas reinjection forming part of the initial concept. While no gas commercialization plans have been announced, ongoing appraisal at nearby fields such as Lontra and Zalophus could gradually build a resource base capable of supporting future gas supply – provided midstream constraints are addressed.

Infrastructure remains the central bottleneck, says the Chamber. Potential gas evacuation from Kwanza developments would require pipelines to shore near Caboledo, onward connections to Luanda for domestic use, and potentially extensions to Soyo to access Angola LNG. High capital costs, transportation tariffs and fiscal burdens have so far delayed investment decisions. According to the AEC Outlook, meaningful progress will likely require a combination of upstream participation, institutional capital and targeted fiscal incentives to make midstream projects bankable.

At the same time, Angola is looking beyond exports. Domestic gas demand is set to grow, anchored by power generation and industrial projects outlined in the Angola Gas Master Plan. The 750 MW Soyo combined-cycle gas turbine already plays a balancing role during dry seasons, while planned expansions – including Soyo 2 CCGT – will drive further demand. Industrially, a proposed 2,300-ton-per-day ammonia plant in Soyo could consume up to 80 MMcf/d of gas by 2035, with EPC contracts awarded and construction expected to begin in 2025.

“Gas gives Angola the opportunity to industrialize, stabilize power supply and monetize resources that were previously wasted,” states NJ Ayuk, Executive Chairman of the AEC. “The countries that win are those that build infrastructure and pricing frameworks early, so gas can serve both export markets and domestic growth.”

Ultimately, Angola LNG will remain the cornerstone of gas commercialization in the near term. But the Outlook makes clear that exports and domestic markets are not mutually exclusive. If coordinated effectively, LNG revenues can anchor a broader gas value chain – supporting power, fertilizers and petrochemicals – while positioning Angola as one of Africa’s most diversified gas economies in the decades ahead.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

African Ministers Outline Industry Priorities Ahead of African Mining Week 2026

Published

on

Energy Capital

African Mining Week will feature high-level panel discussions and project showcases, linking global investors with Africa’s mining sector priorities and lucrative investment and partnership opportunities

CAPE TOWN, South Africa, February 23, 2026/APO Group/ –With the demand for critical minerals projected to quadruple by 2040 and traditional commodities such as gold reaching record highs in 2026, Africa is increasingly positioned at the center of global supply chain strategies and investment flows. The continent hosts the world’s largest reserves of platinum group metals, chrome and manganese – minerals essential to the energy transition and advanced manufacturing. At the same time, the continent remains the leading producer of diamonds and gold, reinforcing its strategic importance to both the global jewelry market and national wealth preservation.

 

Ahead of African Mining Week Conference (AMW), scheduled for October 14–16, 2026 in Cape Town and organized by Energy Capital & Power, the AMW team engaged with African mining ministers and industry stakeholders to identify national priorities shaping the continent’s mining agenda. These discussions highlighted a shared focus on mobilizing capital, strengthening domestic mineral value chains and fostering cross-border collaboration as major economies including U.S, China and Europe secure mineral supply chains.

The Democratic Republic of Congo: Unlocking Investment and Industrialization

The Democratic Republic of the Congo (DRC) is advancing efforts to unlock significant investment into its vast mineral base, estimated at $24 trillion in untapped resources. With approximately 90% of its mineral potential unexplored, the country is prioritizing the development of its estimated 20 billion tons of iron ore reserves. This strategy is closely tied to the establishment of large-scale special economic zones aimed at supporting domestic steel production, industrialization and downstream value addition.

“The DRC is looking for long-term partners who will go beyond production to invest in exploration, infrastructure and workforce development,” stated Louis Watum Kabamba, Minister of Mines, the DRC.

Uganda: Mobilizing Capital for Critical Minerals Development

Uganda is seeking strategic investment partnerships to develop its graphite and rare earth resources.

Agnes Alaba, Uganda’s Commissioner of Mines in the Ministry of Energy and Mineral Development told AMW that the country is also prioritizing local beneficiation to transition from a raw mineral exporter to a producer of higher-value processed mineral products, supporting job creation, industrial growth and export revenue expansion.

Liberia: Advancing Geomapping and Industrial Mining Expansion

Liberia is positioning itself as an emerging industrial mining hub by attracting new investment and advancing nationwide geological mapping initiatives.

“We are inviting geomapping companies to help Liberia unlock its mineral potential. Despite our vast resources, we have not fully explored or mapped what we truly possess. With comprehensive geoscientific data, we will be in a stronger position to negotiate and attract strategic investments,” Matenokay Tingban, Ministry of Mines and Energy, Liberia told the AMW team.

We are privileged to have this collaboration, which plays a crucial role in showcasing our country’s mineral potential

With plans to increase iron ore output to more than 30 million metric tons by 2026, the country is also targeting investment to support downstream processing and diversify into critical minerals, strengthening long-term sector resilience.

South Sudan: Diversifying the Economy through Mining

South Sudan is accelerating mineral exploration and national geomapping programs to identify commercially viable deposits. Losuba Ludoru Wongo, Minister of Mining, South Sudan said the initiative forms part of a broader strategy to diversify the economy beyond petroleum and leverage growing global mineral demand to establish mining as a key pillar of economic growth.

“Energy Capital & Power has been our partner for over a decade, working closely with us to promote our resources and engage the Ministry in accessing international markets. We are privileged to have this collaboration, which plays a crucial role in showcasing our country’s mineral potential,” added Wongo.

Egypt: Strengthening Regional Partnerships and Value Chains

Egypt is prioritizing regional cooperation to advance the development of its potash, gold and phosphate sectors. Yasser Ramadan, Chairman of the Egyptian Mineral Resources and Mining Industries Authority said the country is also focused on strengthening regulatory frameworks, enhancing investment incentives and promoting local value addition to attract international mining companies and accelerate sector growth.

Central African Republic: Advancing Reforms to Unlock Mineral Potential

The Central African Republic is reforming its Mining Code to attract investment and industrialize its mining sector. Rufin Benam-Beltoungou, Minister of Mines and Geology of the Central Africa Republic (CAR) said the country’s untapped deposits of cobalt, lithium, coltan, rare earths and copper have the potential to position the nation as an emerging destination for critical minerals investment.

“CAR is a mining country that, unfortunately, is not well known, although to date we have more than 570 recognized mineral occurrences. The majority of mining projects we have are artisanal projects, hence our mineral potential remains untapped,” stated Benam-Beltoungou.

Kenya: Leveraging Regional Cooperation for Sector Development

Kenya is advancing regional collaboration to strengthen its mining value chain, enhance technical capacity and support local beneficiation. Hassan Ali Joho, Minister of Mining, Blue Economy and Maritime Affairs, Kenya highlighted efforts by the country to build partnerships that promote skills development, industry knowledge transfer and sustainable extractive sector growth.

Aligning Priorities with Africa’s Mining Future

AMW 2026 will serve as a key platform to align these national priorities with global investment opportunities, connecting international investors with African mining projects and facilitating partnerships that support beneficiation, industrialization and sustainable sector growth.

AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2026 conference from October 12-16 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Energy

African Energy Chamber to Lead Delegation to Venezuela

Published

on

Energy

The working visit aims to secure concrete investment opportunities and strengthen long-term oil and gas cooperation between Africa and Venezuela

SANDTON, South Africa, February 21, 2026/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org) will lead a high-level delegation to the Bolivarian Republic of Venezuela on 22 to 26 February 2026 to deepen bilateral oil and gas ties between Venezuela and Africa.

As an honorary member of the African Petroleum Producers Organization, Venezuela has consistently supported Africa in its oil and gas endeavors.

African energy investors will play a role working with their Venezuelan counterparts to rekindle the oil industry in Venezuela

“I am honored to travel to Venezuela to promote our joint interest in making African energy poverty history. African energy investors will play a role working with their Venezuelan counterparts to rekindle the oil industry in Venezuela,” states NJ Ayuk, Executive Chairman of the African Energy Chamber, adding “I look forward to working discussions with our friends and allies in Venezuela to advance our mutually beneficial interest in ensuring global energy security, energy additions and most importantly improving quality of life through energy security.”

The delegation will meet with government officials, business leaders and energy stakeholders to foster bilateral energy trade relations and opportunities for future energy investments.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Energy

Venezuela’s Energy Reopening Sets Stage for First-Mover Investment at Caribbean Energy Week

Published

on

Energy Capital

As reforms, sanctions shifts and rising export activity revive Venezuela’s oil sector, Caribbean Energy Week 2026 will spotlight pathways for strategic investment and regional energy collaboration

PARAMARIBO, Suriname, February 20, 2026/APO Group/ –Venezuela’s long-dormant oil and gas sector is rapidly reactivating in early 2026, sharpening the relevance of Caribbean Energy Week (CEW)’s First Mover Advantage in Venezuela’s Frontier session. Recent developments – including a visit by U.S. Energy Secretary Chris Wright to assess the country’s oil-sector overhaul, alongside new U.S. licensing measures enabling foreign companies to handle Venezuelan crude – signal a renewed pathway for commercial engagement with the world’s largest proven oil-reserve base.

Venezuela holds roughly 300 billion barrels of proven oil reserves, a resource endowment larger than any other country, yet decades of sanctions, underinvestment and bottlenecks in output have kept actual production far below potential. Recent shifts suggest a meaningful pivot toward reintegration and growth: expanded U.S. licences are supporting a return of Venezuelan crude to export flows, and global energy companies like Shell are exploring offshore gas projects that could position Venezuela as a Caribbean‑Atlantic gas exporter in the next few years.

Last month, Venezuela enacted oil sector reform laws that roll back state monopolies and open the industry to private and foreign participation, including potential minority ownership and arbitration protections. These changes – driven by interim leadership and influenced by U.S. engagement – mark the most significant overhaul in decades and are designed to attract capital and technical expertise back into the market.

At CEW 2026, the First Mover Advantage in Venezuela’s Frontier session will showcase how these shifts translate into concrete opportunities for investors and operators. With production targets set to rise – Venezuelan output has climbed toward one million barrels per day and could return to pre‑blockade levels by mid‑2026 under expanded licensing frameworks – understanding how to enter early and navigate the regulatory, fiscal and operational environment will be critical.

For Caribbean stakeholders in particular, Venezuela’s strategic location and resource profile make it a potential driver of regional energy security and market stability. Heavy crude from Venezuela’s Orinoco Belt has historically supplied regional refineries and markets, and renewed export flows could support Caribbean demand while enhancing trade linkages with North America and beyond. The session will unpack both short‑term plays – such as crude supply agreements and logistics optimization – and longer‑term strategic partnerships.

Investor interest is also being shaped by geopolitical dynamics. U.S. engagement – including calls by Energy Secretary Wright for a “flood of investment” – underscores Washington’s interest in balanced, commercially viable partnerships. While major U.S. firms like ExxonMobil remain cautious, reforms that reduce state dominance, provide clearer dispute resolution pathways and expand market access are being actively discussed and developed.

CEW 2026 will bring together policymakers, energy company leaders, financiers and regional energy planners to explore these dynamics in depth. Participants will gain insights into how Venezuela’s resource base, evolving legal regime and shifting international engagement can intersect with Caribbean and American commercial interests. For investors seeking first‑mover advantage in hydrocarbons or related energy infrastructure, this forum provides a roadmap for engagement at a pivotal moment in Venezuela’s energy resurgence.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Trending