The African Energy Chamber and investment research company Hawilti have partnered to launch a new initiative – the African Coalition for Trade and Investment in Natural Gas (ACTING) – to drive investment into the African gas value chain.
Through enhanced data collection and wide-ranging industry support, ACTING serves to identify and disseminate information on the relevant actors, opportunities, and current and future projects shaping gas development, with key market data encapsulated in an annual “State of Play” report.
“We are seeing tremendous interest from regulators, investors and consumers to adopt gas on a much broader scale,” said NJ Ayuk, Executive Chairman, African Energy Chamber. “ACTING will act as the vehicle accompanying all industry stakeholders on this journey.”
In positioning gas as a versatile transition fuel, the initiative also targets the development of LNG, LPG, compressed natural gas (CNG), gas-to-power and hydrogen, with an emphasis on sub-Saharan developments markets.