By ZBC Reporter
ZIMBABWE and other regional countries have been urged to take seriously the envisaged boom in oil and gas industry in the region amid projections that SADC is set to emerge as a major consumer and exporter of natural gas in the near future.
Africa which accounted for 40% of gas discoveries between 2011 and 2018 has been reminded of the important role gas is set to play in promoting industrialisation.
Addressing delegates at the ongoing Regional Energy Regulators Association conference being held in Victoria Falls, SADC Energy Senior Programme Officer Mr Moses Ntlamelle described the discovery of natural gas in SADC region as one of the game-changers in the energy sector.
“It is clear that gas has a critical role to play in the energy sector and promotion of industrialisation. Gas discoveries in the SADC region will add value in the initiatives for fast growing electricity demand and industrialisation.”
In face of inadequate regulatory framework, inability to process natural gas and absence of pipeline network infrastructure, SADC has been urged to undertake joint planning and development of trans-boundary gas infrastructure.
Meanwhile, the SADC Secretariat says progress has been made towards the development of the Regional Gas Master Plan, with the final report set to be in place by June this year.
Ups….”We have received support from the DBSA for phase one of Regional Gas Master Plan and procurement of consultant was concluded in January 2020.”
Delegates concurred on the importance of gas as one of the alternative low carbon sources of energy, with indications that the share of gas in the energy mix is set to reach 25%.
By ZBC Reporter