The Energy Research Unit's latest report for 2024 highlights a 3.6% decline in Arab liquefied gas exports, with drops from Algeria and Oman, while the UAE and Qatar saw increases. The U.S. remains the largest global exporter, and Egypt has re-emerged as a net importer for the first time since 2018.
The Namibia International Energy Conference (NIEC) will take place from April 23-25, 2025, in Windhoek, focusing on Namibia's development as a regional energy hub. The event will gather over 900 delegates to discuss offshore discoveries, renewable energy, and partnerships to ensure local communities benefit from the country’s resources.
Qatar Energy and ExxonMobil have received a three-year extension for their Golden Pass LNG project in Texas, following delays caused by the bankruptcy of the main contractor, Zachry Holdings. The extension allows for new contractors to take over and aims to ensure the project, expected to produce over 18 million tons of LNG annually, moves forward toward completion.
The Tanzanian government is actively engaging investors in the development of renewable energy sources, including geothermal, solar, and wind, to diversify the country's energy mix and promote sustainability. Recent updates highlight ongoing projects that aim to harness geothermal resources, with significant potential for electricity generation across several regions.
BRICS is expanding to include six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—to strengthen its geopolitical influence and enhance energy cooperation. This could reshape global energy trade by uniting major oil producers and enabling alternative trading mechanisms outside the dollar system.
Tanzania is constructing a grid interconnector with Zambia to help alleviate a drought-driven power crisis, with the project expected to take 36 months to complete. Additionally, the government is negotiating a host agreement for the $42 billion Tanzania LNG export plant, aiming to ensure fair benefits for all parties involved.