Nigeria tops African exporters in Liquefied Natural Gas

Nigeria topped African exporters in Liquefied Natural Gas, (LNG), in 2021 with 17.9 million metric tons MMt, says a report published by leading information provider IHS Markit.

Algeria, followed closely with 12.3 MMt and Egypt with 6.9 MMt.

In 2021, the U.S. added 25 million metric tons of LNG capacity owing to an expansion in liquefaction capacity, coupled with average utilization of plants increasing to 98 per cent in the third quarter of last year.

Meanwhile, the report tipped U.S. and China to represent the top export and import markets, respectively, for Liquefied Natural Gas (LNG) in 2022.

Nigeria Tops Africa’s Chart: Exports 17.9MMT Of LNG In 2021 – Eandel (eandelmagazine.com)

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