In a report by advisory firm Wood Mackenzie titled ‘Sub-Saharan Africa’s (SSAs) Gas Opportunity: Are Governments Doing Enough’, fiscal and valuations principal analyst Greg Roddick notes that given the lack of reliable and affordable energy in SSA, gas should be playing a vital role. However, he elaborates that under-investment in infrastructure and high costs, combined with customers’ inability to pay, have been fundamental barriers to date. Uncertain regulatory frameworks and inadequate governance have also hindered market development.
