Invest in African Energy (IAE) 2025 will host a high-level panel focused on unlocking Africa’s LNG potential by addressing key infrastructure, regulatory, and investment challenges. Industry leaders will explore strategies to accelerate project development and align LNG growth with both export goals and domestic energy needs.
Shell has cut its first-quarter gas and LNG production forecasts due to unplanned maintenance and severe weather disruptions in Australia. Despite the challenges, the company remains focused on expanding its oil and gas operations while aiming to boost shareholder returns.
Pakistan and Türkiye have signed a joint bidding agreement to explore 40 offshore oil and gas blocks in Pakistan. The deal aims to attract foreign investment and strengthen energy cooperation between the two countries.
Shell has completed the acquisition of Pavilion Energy, integrating its LNG supply contracts, regasification capacity, and bunkering operations into Shell’s portfolio. This move strengthens Shell’s position in the LNG market and supports its strategy to grow LNG sales by 4-5% annually through 2030.
EACOP Ltd. has secured the first tranche of financing for the Uganda-Tanzania pipeline from regional financial institutions, including Afreximbank and Standard Bank, reinforcing local support despite initial Western withdrawals. The project, now over 50% complete, is expected to transport 246,000 barrels of crude oil per day while generating jobs, investing in local economies, and adhering to international environmental standards.
India is considering the possibility of removing its import tax on American liquefied natural gas (LNG) to increase its purchases of U.S. LNG and reduce its trade surplus with the United States.