Mar 2, 2022
5 African Countries Emerging in the Hydrocarbon Markets in 2022
Despite the worldwide transition to renewables, African countries have maintained their position as the world’s final frontier for hydrocarbon exploration, with developing markets rising to the top of investors’ priorities in 2022.
According to the African Energy Chamber’s (AEC) first-quarter 2022 Outlook, Algeria, Egypt, and Nigeria will remain the top three natural gas producers, accounting for 80% of the natural gas flows expected across Africa in 2022.