Germany wants to discard the Russian oil, gas for good and find new source of energy and Africa is abundant in fossil fuel reserves. The German-Africa energy committee is building the mutual partnerships for new energy sources.
During German-Africa Energy Forum in Hamburg, the topic that was highlighted was about the Africa’s abundant oil and gas reserves.
In 2017, African continent reported 148.6 trillion cubic-meters of proven gas reserves which is more than 7% of global reserves. Whereas, In 2019, Nigeria led the exports of more than 2 million barrels per day of crude oil in international market. As a result, Africa’s oil and gas production reached to 327.3 million metric tons.
Russian Energy Power
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