Fuel for thought
Current developments and a look into the future.
Breakthrough technologies are unlocking significant new reserves, processing, transportation and downstream uses that were previously unviable, unknown or inaccessible. Decarbonisation driven by the environmental sustainability agenda is shifting the energy mix at an accelerating pace, which is particularly evident across North America, Asia and Europe. This seems likely to position gas ahead of coal by 2030 to become the world’s number two fuel.
Globally, 2018 was a successful year in oil and gas exploration with discoveries approximately doubling those made in 2017.
Africa Energy, Utilities and Resources Leader, PwC South Africa
Tel: +27 (0) 11 797 4060
Partner: Strategy&, PwC South Africa
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Partner, PwC Nigeria
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Partner, PwC Mozambique
Tel: +258 21 307 620