News Formal

Nigeria, others secure nine per cent of $150b gas investment

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Nigeria and other African countries pushing for energy transition, with gas as a temporary option, may face serious challenges in securing

capital for gas infrastructure.

NGRI’s Tengi Gorge-Ikoli and Aaron Sayne, in the report, note that as the world moves away from fossil fuels, pro-gas voices in and outside government should explain to the public why gas is the best fuel for their country to reach its energy, economic and climate goals. It added that gas for power generation, in that context, could be a more reliable option, adding that as technological advancements were made to address the intermittency issues, renewables would become more competitive.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria, other African nations secure only $13.7bn of $150bn gas investmentNigeria and Global News
Source: GuardianNigeria - 🏆 1. / 94 Read more »