Money Moves September 05, 2019 at 03:00 pm

Africa’s largest natural gas producers to look out for in 2019

Theodora Aidoo | Staff Writer

Theodora Aidoo September 05, 2019 at 03:00 pm

September 05, 2019 at 03:00 pm | Money Moves

Photo Credit: Nigeria Electricity Hub

Nigeria

Oil has remained the major booster of Nigeria’s economy with its oil and gas export revenue contributing massively to the government’s income.

Nigeria is not only the giant of Africa, but it is also the oil-producing giant of Africa, with the second-largest oil reserves in Africa besides having one of the highest production rates.

Its petrochemical products are of high quality and are popular with the European and U.S. refiners. Nigeria is the continent’s biggest producer and the 12th largest producer of petroleum in the world.

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