A new report issued by the Abdullah Bin Hamad Al-Attiyah Foundation for Energy and Sustainable Development, titled “Empowering Africa’s Future: The Role of Natural Gas in Economic Growth and Energy Transition,” reveals that the continent holds an estimated 13 trillion cubic meters of proven natural gas reserves. Nigeria leads with 5.5 trillion cubic meters, followed by Algeria with 18% of the total, and then Mozambique. Meanwhile, emerging players such as Tanzania, Mauritania, and Senegal are expanding rapidly in offshore gas exploration.

The report emphasizes that unlocking the economic potential of these resources will require approximately USD 375 billion in investments by 2030, enabling an annual production capacity of about 90 billion cubic meters of gas. It also highlights the growing role of Gulf countries—particularly Qatar, the UAE, and Saudi Arabia—in supporting Africa’s energy transition through financing energy infrastructure, improving access to funding, and facilitating technology transfer, backed by their extensive expertise in LNG and global energy markets.