Africa could provide as much a fifth of global demand for liquefied natural gas by 2025, up from 10% in 2018, due to huge investments in the sector and some recent major discoveries. The African Energy Chamber, a group of energy and mining companies in Africa, reported recently massive discoveries in Mozambique, Tanzania, Senegal and Mauritania have aggregate reserves of 200 trillion cubic feet of gas reserves – an amount sufficient to supply two-thirds of current world demand for two decades. In addition, Nigeria alone possesses 200 trillion cubic feet of proven gas reserves. African gas properties have received major investment interest from foreign energy firms like Total (TOT), ExxonMobil (XOM), Royal Dutch Shell (RDS-A) and others. In September, Total purchased Anadarko Petroleum’s (APC) 26.5% stake in Mozambique’s liquefied natural gas project for $3.9 billion. Exxon and Total will together spend $50 billion on this Mozambican project by 2025. […]