The African Coalition for Trade & Investment in Natural Gas, a non-profit initiative, has been unveiled to act as the central platform advocating natural gas across Africa.
African Energy Chamber announced this in a statement on Wednesday.
The new gas coalition is in partnership with Hawilti Limited, and will leverage both companies’ core strengths to promote natural gas as a transition fuel, the statement explained.
It stated that ACTING would also attract capital in the African gas value-chain and engage stakeholders and societies on natural gas consumption benefits.
“ACTING will gather leading experts, executives and policymakers around key issues about natural gas in Africa, from upstream exploration and production, midstream infrastructure, downstream monetisation, and gas-to-power.
“The coalition focuses on all the benefits that a broader adoption of natural gas can bring to Africans, especially when it comes to securing access to affordable, reliable, sustainable, and modern energy for all, creating jobs and supporting industrialisation.
“The work of the Coalition will particularly focus on the collection of key market data and the distribution of high-quality information on opportunities, companies, and projects shaping up the future of African gas,” it explained.
Speaking on the development, AEC’s Executive Chairman, Nj Ayuk, said, “We are seeing tremendous interest from regulators, investors, and consumers to adopt gas on a much broader scale and produce cleaner energy, support industrialisation, and create jobs. ACTING will act as the vehicle accompanying all industry stakeholders on this journey.”
Co-partnering Director, Mickael Vogel, added, “With the launch of ACTING, we have made it a priority to gather, develop and distribute the most updated data on natural gas.”
ACTING with its partners will be supporting a broad range of gas industries, including liquefied natural gas, liquefied petroleum gas, compressed natural gas, piped natural gas, gas-to-power, and hydrogen.
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