Oil-Rich Angola Makes "Landmark" Gas Discovery in Lower Congo Basin | Firstpost Africa | N18G

Oil-Rich Angola Makes "Landmark" Gas Discovery in Lower Congo Basin | Firstpost Africa | N18G

Angola, Sub-Saharan Africa's second-biggest crude oil exporter, has announced a significant offshore gas discovery in the Lower Congo Basin. The Gajajeira-01 well is estimated to hold over a trillion cubic feet of gas and up to 100 million barrels of associated condensate. This landmark find marks Angola's first dedicated natural gas exploration success, reinforcing the country's growing strategic importance in Africa's energy transition. Building on efforts since the launch of Angola LNG plant in 2013, this discovery aligns with Angola's Gas Master Plan, which aims for natural gas to comprise 25% of the national energy mix by the end of 2025, attract billions in investment, and boost domestic industrial capacity. This pivotal moment underscores Angola's commitment to diversifying its economy beyond oil, leveraging its rich natural resources to foster a more stable and prosperous future.

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