Portland’s Ian Cogswell at the Petroleum Economist’s LNG-to-Power Forum
Portland was represented at the Petroleum Economists recent LNG to Power forum, held in London on 18th October. Europe’s ambition to displace two-thirds of its Russian gas demand by the end of 2022, and eliminate its dependence well before 2030, is a game-changer for European LNG; for the continent’s gas-fired power sector; and will impact Africa, the MENA region and the rest of the world. The conference debated these issues across a range of panel discussions. Ian is currently advising Portland clients on raising debt finance for LNG import terminals as well as clients raising debt for gas-based projects in Africa. He shared his knowledge during the discussion specifically focusing on LNG-to-Power in Africa.
“LNG-to-Power in Africa: Time to Take Another Crack at the Nut” discussed a number of key topics, including:
- Is now the time?
- What are the current drivers for LNG, and gas, in sub-Saharan Africa and in North Africa?
- Where are the most promising opportunities on the continent? And what are the biggest challenges?
- Why hasn’t LNG-to-power taken off in Africa since January 2019?
- Looking forward: how will LNG-to-power and gas-to-power fit within the continent’s green energy mix and objectives?
- Structuring bankable projects
You can view the post-event report here.