Gas, key solution to Africa’s energy deficit

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OilandPower South-Sudan  2020

Time and time again the vast land of Africa has come to the fore even international as a land flowing with the enormous resources called gas, but it seemed, for a number of reasons this great potential was not given the needed attention until recently. This was inspite of the continent’s enormous power deficit.

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Africa Oil and Power, the continent’s leading platform for energy investment and policy innovation is now helping to change the narrative and consequently attitude towards gas exploitation and power generation.

Coming to Europe for the first time with the Africa Oil and Power Investor Forum to be hosted in London on May 10, the Investor Forum seeks to bring together top government officials, executives and financiers to address critical needs and opportunities in Africa’s hydrocarbons and power space:

The rise of natural gas, a key trend in Africa’s energy sector, will feature strongly at the Investor Forum, as leaders in the industry – including Dr. Oliver Quinn, Director of Africa and Global New Ventures for Ophir Energy and Kevin Foo, Chairman, Victoria Oil and Gas – discuss the role of gas as a new solution for Africa’s power deficit. Gas-to-power and LNG-to-power are quickly becoming vital to Africa’s energy infrastructure and independents, like Ophir Energy and Victoria Oil and Gas, are blazing new trails in the development of Africa’s vast natural gas resources, bringing innovation to gas monetization.  The gas-to-power panel will discuss the financing of gas-to-power and independent power projects; promoting the consumption of natural gas; and the potential of public private partnerships.

The program will also focus on energy investments, as prominent experts from Gunvor Group, Bambili Group and the London Stock Exchange tackle innovative funding strategies following the oil price crash; final investment decisions during 2018 and the risks and rewards of investing in Africa’s energy sector now. In addition to the finance panel, the forum will include investor briefings by Africa-focused E&P companies and service providers, providing updates on high-impact projects.

The event will close with the official launch of the Africa Energy Series: Equatorial Guinea 2018. It is a report commissioned by the Ministry of Mines and Hydrocarbons of Equatorial Guinea. It is also seen as the most comprehensive guide yet on the country’s energy leaders, resources, main actors and future potential. The forum will also feature press briefing on the book in the presence of H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, Hon. Ezekiel Lol Gatkuoth, Minister of Petroleum of South Sudan and H.E. Abdulrahman Osman Abdulrahman, Minister of Petroleum and Gas of Sudan.

 

 

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