China’s Nuclear Capacity Continues To Surge
China has added more than 34 gigawatts (GW) of nuclear power capacity over the past decade as new installations surge, the U.S. Energy Information Agency (EIA) said in an analysis on Monday.
As of April 2024, China had 55 operating nuclear reactors with a total net capacity of 53.2 GW, while another 23 reactors are currently under construction.
The United States still has the largest nuclear fleet in the world, with 94 reactors, but it took nearly 40 years to add the same nuclear power capacity as China added in 10 years, the EIA noted.
Although China has added nuclear power capacity in each of the past 10 years, nuclear power accounted for only about 5% of China’s cumulative power generation in 2022. To compare, nuclear power makes up about 18% of the electricity generation mix in the United States, according to the EIA data.
Despite China’s policy of adding more nuclear capacity to reduce emissions and to meet its power demand, coal continues to be the largest electricity generation source and is the source of much of the country’s air pollution, the EIA says.
China is currently constructing a total of 26 nuclear power units with a combined capacity of 30.3 GW, the highest in the world, according to a report by the China Nuclear Energy Association (CNEA) cited by local media last month.
Air pollution from coal-fired power plants is a major impetus for China to expand its nuclear generation fleet, according to the World Nuclear Association.
As of September 2023, China had 55 nuclear power units in operation with a combined installed capacity of 57 GW, and 24 units under construction with a total installed capacity of 27.8 GW, Xinhua quoted CNEA official Wang Binghua as saying. By 2060, that capacity is expected to jump to 400 GW, the official said
China is also expected to approve six to eight nuclear power units each year “within the foreseeable future.”
Source: Oilprice.com
Kenya: EV User Attests To The Quality Of Kenya Power EV Charging Station
David Alnwyck, Kenya’s first public user of the country’s electric vehicle charging station located at Stima Plaza, has attested to the quality of the charging station.
The expatriate resident in Nairobi, the capital of Kenya, owns a fully electric vehicle with a range of 250 kilometres.
He was the first person to have visited the station to charge his EV.
In a post, Kenya Power wrote: Mr David Alnwyck was the first public user of our electric vehicle (EV) charging station located at Stima Plaza, Parklands.
“During his second visit to use the EV charger last Friday, Mr Alnwyck, who owns a fully electric vehicle with a range of 250km, said the charger is one of the best in the country,” the post said.
Last month, Kenya Power inaugurated two EV charging stations–one at Stima Plaza, Parklands and the other at Ruaraka depot.
The company announced that it would be spending about Kshs258 million to install EV charging stations across the country in three years.
The company said an RFID card for charging would be required and could be obtained at the Kenya Power security desk at Stima Plaza and Ruaraka depot.
Source: https://energynewsafrica.com
Source: https://energynewsafrica.com Ghana: NPA Sets The Record Straight On Dadieso LPG Tanker Accident
Ghana’s petroleum downstream regulator, National Petroleum Authority (NPA), has clarified an incident that occurred at Dadieso in Ashanti Region where some irate youth of the town were captured in a viral video blocking the main road and throwing bottles on the road to make it impassable.
Media reports suggested that the irate youth were blocking the road because several calls to clear a Liquefied Petroleum Gas Tanker that had overturned in the area to avoid a possible explosion had fallen on deaf ears.
In a bid to ensure that the area was without any flammable objects or exposed to fire or exhaust fumes, the irate youth decided to block that section of the road where the accident occurred.
In a statement issued by the Corporate Affairs Department of NPA on Monday, the regulator provided details of the LPG tanker.
The NPA said the LPG tanker in question belonged to Society Nationale Burkinabe d’Hydrocarbures (SONABHY), a state-owned company responsible for fuel supply in Burkina Faso.
It said the tanker was transporting LPG to Burkina Faso when it was involved in an accident at Dadieso on the morning of Friday, May 3, 2024.
The NPA explained that the accident resulted in anxiety among residents due to the potential danger of the product, leading to demonstrations and blockade of the Accra-Kumasi trunk road by the residents.
According to the NPA, upon receipt of the information, it communicated the same to the Management of SONABHY and instructed them to dispatch an empty tanker and a pumping vehicle to evacuate the product.
The NPA said it temporarily arranged for a private company to evacuate the product.
“SONABHY’s empty tank and pumping vehicle later got to the accident scene on Saturday, May 4, 2024.
“The product has since been transferred into SONABHY’s empty tank and transported to Burkina Faso,” the NPA explained.
According to the NPA, there were no incidents leading to the loss of human lives and destruction of properties as speculated in the social media.
The NPA expressed gratitude to all who assisted in diverse ways to make the evacuation of the LPG successful.
Source: https://energynewsafrica.com
Ghana: Monday Rainstorm Wreaks Havoc On ECG Electric Poles In Gbetsile, Kubekrom, Other Areas(Photos)
A rainstorm that occurred on Monday morning in Tema and surrounding areas destroyed several electric poles belonging to the Electricity Company of Ghana at Gbetsile, Peaceland, Kubekrom and New York Aviation, all suburbs of the Kpone-Katamanso Municipality in the Greater Accra Region.
This development has resulted in power outages in the above-mentioned areas.
Meanwhile, ECG said it is working to restore power supply to the affected communities.
Source: https://energynewsafrica.com
Source: https://energynewsafrica.com UK Awards 31 New North Sea Oil and Gas Exploration Licenses
The UK’s North Sea Transition Authority (NSTA) offered on Friday another 31 licenses for North Sea exploration in the final tranche of the 33rd oil and gas licensing round.
In all three tranches of the licensing round, the UK regulator has awarded over the past few months a total of 82 licenses to 50 companies.
The first tranche offered 27 licenses in October 2023, with the second offering 24 licenses in January 2024.
The 33rd round has attracted 115 bids from 76 companies across 257 blocks and part-blocks, NSTA said.
The licenses offered in the round would be expected to add an estimated 600 million barrels of oil equivalent to 2060, or 545 million barrels of oil equivalent by 2050.
Some of the licenses awarded today are in areas previously earmarked for offshore wind power licenses.
“Following discussions with our partners in The Crown Estate and Crown Estate Scotland, we have introduced a new clause for overlapping oil and gas licences and wind leases for the first time,” NSTA said.
“This will be the main commercial mechanism for these licences to resolve spatial overlaps and to support co-existence of these important industries.”
“The North Sea is an important resource for energy security and net zero delivery, so it’s vital that sectors collaborate to ensure those systems can co-exist,” the regulator said.
The leading industry body, Offshore Energies UK, said that the latest license awards are chiefly for natural gas extraction from the southern North Sea, with the potential to come on stream within the next five years.
“They will make the UK less reliant on imported gas, which the NSTA has shown to be more carbon intensive,” OEUK added.
Offshore Energies UK’s CEO David Whitehouse commented, “In this general election year, we face a choice: we can build a homegrown energy transition and kickstart economic growth by backing our people, our offshore firms and our world class supply chain, or we can import even more energy and fail to grow our new wind, hydrogen and carbon capture industries.”
Source: Oilprice.com
Nigeria: NERC Unbundles TCN, Creates Independent System Operator To Ensure Reliable Power Supply
Nigeria has initiated processes to unbundle the Transmission Company of Nigeria to create two separate entities in a bid to ensure reliable and efficient power supply across the country.
The West African nation, which has been experiencing power supply challenges even before President Bola Ahmed Tinubu came into office, wants to establish an Independent System Operator as a distinct entity that will be responsible for managing the national grid and other system operations related to market contracts and transactions.
TCN would be unbundled into Transmission Service Provider (TSP) and Independent System Operator, as prescribed in the Electricity Act 2023.
This was contained in an Order issued by the Nigerian Electricity Regulatory Commission (NERC) and signed by its Chairman, Engr. Sanusi Garba, and Vice Chairman Musiliu Oseni on April 30.
The NERC has charged the Bureau of Public Enterprise (BPE) to act quickly by ensuring that the incorporation of the Independent System Operator is done no later than 31st May 2024.
“The name of the company shall, subject to availability at Corporate Affairs Commission, be the Nigerian Independent System Operator of Nigeria Limited (NISO).”
According to the order, TCN will transfer all market and system operation functions to the newly formed NISO.
NERC said that this is in line with the provisions of the Electricity Act 2023, which provides clearer guidelines for the incorporation and licensing of the Independent System Operator, ISO.
It said that previously, TCN held Transmission Service Provider, TSP and System Operations, SO licences issued by NERC.
”With the establishment of NISO, TCN will now transfer its assets and liabilities related to market and system operations to the new entity.
”This new company, to be named the Nigerian Independent System Operator of Nigeria Limited (NISO), will assume the market and system operation functions as specified in the Electricity Act and the terms of TCN’s system operation licence,” it said.
The company outlined NISO’s responsibilities to include managing assets and liabilities related to market, and system operation on behalf of market participants and consumer groups.
”The new ISO will also negotiate contracts for ancillary services with independent power producers and generation licensees.
”In addition to performing market and system operation functions for the benefit of market participants and system users,” it said.
Source: https://energynewsafrica.com
Ghana: We’re Determined To Ensure LPG Becomes More Affordable–NPA
Ghana’s petroleum downstream regulator, National Petroleum Authority (NPA), is taking steps to ensure that the cost of Liquefied Petroleum Gas (LPG) becomes more affordable and accessible.
The regulator said it will be engaging the Ministry of Finance to consider removing some taxes on Liquefied Petroleum Gas (LPG).
The high cost of Liquefied Petroleum Gas which is mostly used by women for cooking has become a major concern to consumers and marketers.
Early this year, the regulator introduced a tender process for the importation of LPG, leading to a reduction of premium on LPG importation.
Speaking at a regional town hall durbar on cylinder recirculation model (CRM) in Tamale, last Friday, Mrs Linda Asante, who is the Deputy Chief Executive Officer of NPA, said the Authority is determined to ensure that LPG becomes more affordable to encourage more women to use LPG for cooking to protect their health and save the environment.
Mrs Asante said smoke from charcoal and firewood exposed mostly women and children to lung diseases such as hypertension and also affected their eyes.
She said LPG, on the other hand, does not emit smoke, which makes it the most safe and convenient means of cooking.
Mrs Asante said the government had introduced the CRM policy to make LPG more affordable, accessible and available.
Mrs Asante, therefore, urged the people in the north to switch from the use of charcoal and firewood to LPG to protect their health and preserve the environment.
“No huge jump in prices because of CRM. The tender process has brought down the price of LPG.
“And we have various sizes of the LPG. We have 3kg, we have 6kg and we have 12.5 and it goes up there. So, you can buy any size you want. I’m sure 3kg will be the same as wanting to buy a tot. If you want to buy a tot, that avenue is also available.
She said in a few weeks, consumers would begin to access filled cylinders at the exchange in their communities.
For his part, the Head of Gas, Commercial Regulation of NPA, Mr Obed Kraine Boachie, said four LPG cylinder bottling plants–three in Tema and one in Kumasi– had been set up to fill cylinders for distribution to LPG marketers for onward distribution to cylinder exchange points.
He said the Authority had received applications for the setting up of bottling plants in Tamale and other areas.
Mr Boachie said the CRM value chain would create more jobs and stressed that the existing LPG marketing companies would be the key drivers of the policy.
In her welcome address, the Director of Gas at NPA, Mrs Akua Ntiwaa Kwakye, said the CRM was a new way of distributing LPG safely and conveniently.
Zagu Lana, the Chief Yakubu Nantogmah, who chaired the occasion, bemoaned the continuous felling of trees for charcoal and firewood for cooking.
He said the present generation has a bounding duty to protect the environment for future generations, hence, the need for people to stop felling trees and switch to the use of LPG.
Officers from the Ghana National Fire and Rescue Service staged demonstrations on how to put out fire on cylinders using wet towels and fire extinguishers.
The Director of Corporate Affairs of NPA, Mrs. Maria Oquaye, the Director of Research, Monitoring and Evaluation of NPA, Dr Joseph Wilson, the NPA Northern Regional Manager, Mr Theophilus Manu, the Head of Quality Control, Mr Saeed Ubeidallah Kutia, the Head of Consumer Services, Mrs. Eunice Budu Nyarko, and the Head of Regional Coordination, Mrs Aku Yuiah, all of NPA, were present at the durbar.
The durbar was attended by chiefs, security officers, public servants, LPG dealers, students and traders.
Source: https://energynewsafrica.com
Oil Majors Offered Faster Nigerian Exit If They Pay For Cleanup
Majors such as Exxon Mobil and Shell that aim to exit Nigeria’s onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame, the regulator said last Friday.
Exxon, Shell, TotalEnergies, and Eni have all sought to leave Nigeria’s oil-rich Niger delta in recent years citing security concerns, including theft and sabotage, to focus on deepwater drilling.
However, their exits have been delayed by regulatory hurdles.
At a meeting with the companies in Abuja, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) chief Gbenga Komolafe offered a short-term option with faster approval if the companies commit to cleaning up spills and compensating communities.
“We have the undertaking here. The consent here though fixed for June, could be much shorter,” he said.
“If you agree to take that option, you sign the undertaking knowing that there are obligations to be fulfilled,” Komolafe said.
The second long-term option involves waiting for NURPC to identify and assign all liabilities, potentially delaying the final approval until August.
NURPC is seeking to balance a faster exit for oil majors with protecting the environment, local communities, and the long-term viability of the assets
The companies are reviewing the options and will respond soon, they said.
Analysts say the accelerated option could cost oil majors millions of dollars for cleanups and reparations.
The departure of the majors means a total of 26 onshore blocks are on offer, holding an estimated reserve of 13.76 billion barrels of oil, 2.70 billion barrels of condensate, and about 90,717 billion cubic feet of gas, NUPRC said.
“We aim to ensure that the companies that take over these blocks have the necessary financial resources and possess the technical expertise required to responsibly manage the blocks throughout their lifecycle in accordance with good asset stewardship practices,” Komolafe said.
Source: Reuter.com
Ghana: GOIL Introduces Super XP Ron 91 To Give Consumers Choices
Ghana’s indigenous leading oil marketing company, GOIL, has introduced Super XP Ron 91, a regular and affordable petroleum product for its esteemed customers.
The newly introduced Super XP Ron 91 will be served across the company’s over 400 stations in the West African nation effective Saturday, May 4, 2024.
A litre of Super XP Ron 91 would be sold at Gh¢14.40, a bit lower compared to same product being sold by GOIL’s competitors.
With the introduction of Super XP Ron 91, which is one of the high quality and affordable fuel commodity, GOIL has now offered three products at its service stations, namely Super XP Ron 91, Super XP Ron 95 and Diesel XP.
The Super XP Ron 95 will now be a premium fuel and consumers can choose from either Super XP Ron 95 or Ron 91 depending on their preference.
In a statement issued by Corporate Affairs Department of GOIL sighted by energynergynewsafrica.com, it said, “we are excited to officially announce the launch of GOIL Super XP, the latest addition to our lineup quality fuels, giving you even more choices at our pumps.”
“What sets GOIL Super XP apart is that it is a regular fuel, categorized as RON 91 and upgraded with special additives to enhance fuel efficiency and engine performance thereby reducing fuel consumption, the company explained.
Source: https://energynewsafrica.com
Source: https://energynewsafrica.com Ghana: New GNPC CEO Assumes Office
The newly appointed Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Mr Joseph Abuabu Dadzie, has assumed office, a release from the corporation has said.
Mr Dadzie was the Deputy CEO responsible for Commerce, Strategy and Business Development of the corporation and was due for retirement in August 2024 but sought early retirement late last year.
He was, however, appointed by President Akufo-Addo in April after the resignation of Opoku Ahweneeh Danquah, the immediate past CEO of the corporation.
Mr Dadzie has over 30 years’ experience in the oil and gas industry.
In a short statement announcing Mr Dadzie’s assumption of office, the corporation wrote: “We’re pleased to announce the appointment of Mr Joseph Abuabu Dadzie as our new Chief Executive Officer to lead our future.
“We extend our warmest congratulations and welcome to our new leader.”
Mr Dadzie is an accomplished Financial and Management Executive with over 30 years of experience at various executive and senior management levels in five organisations spanning energy, oil and gas, telecommunications and banking.
He has had diverse industry experience in finance, corporate management, governance, strategic planning, and leadership.
Between April 2013 and August 2015, he was the chief operating/finance officer for Surfline Communications Limited.
From September 2008 to March 2013, he was also the chief finance officer for Woodfields Energy Resources.
From 2003 to 2008, he worked with Standard Chartered Bank as a senior manager (financial institutions); head, Large Corporates & Parastatals, and later director of commodity corporations.
Mr Dadzie has served as a member of the Board of Directors of four institutions in the areas of banking, energy, and financial services.
His international exposure includes working attachments with Codi International BV (Netherlands), New York Mercantile Exchange (NYMEX), Societe Generale (Paris la Defense), Total Petroleum Services (London and Paris la Defense), and the UBS Trading floor (Stamford Connecticut, USA).
Mr Dadzie holds a Master’s degree in Business Administration (Finance) as well as a Master of Science degree in General Management, both from Nyenrode Business Universiteit, Breukelen, The Netherlands.
He also holds a Bachelor of Science (Hons) in Chemical Engineering from the Kwame Nkrumah University of Science & Technology.
Source: https://energynewsafrica.com
Globeleq Appoints New Chief Executive Officer
Globeleq, the leading independent power company in Africa has announced the appointment of Mr. Jonathan Hoffman as the interim Chief Executive Officer (CEO) of Globeleq.
He is currently the Chief Development Officer of Globeleq.
Jonathan replaces Mike Scholey who will be stepping down from Globeleq at the end of June 2024. Mike is taking up a new role with an entrepreneurial venture and full details of this appointment will be announced at a later date.
Jonathan Hoffman joined Globeleq in 2010 and has been Chief Development Officer since 2020.
He has led the development and investment team as they have secured deals and new investments across Africa including, most recently, the award of Red Sands, the largest standalone battery storage project on the continent.
Jonathan has over 20 years of experience in the power sector having worked previously for ABB Energy Ventures and for InfraCo which he co-founded.
Mike Scholey has been CEO of Globeleq since January 2020 having previously been the Group’s Chief Operating Officer and Chief Financial Officer. During his time at Globeleq, Mike has been instrumental in sealing multiple deals, growing Globeleq by over 900MW, as well as improving performance at our operating assets across Africa.
Laurence Mulliez, Chair of Globeleq, said today: “Mike has been a vital part of Globeleq’s success over the past 9 years as a senior leader and as CEO for the past 4 and a half years. He led the company through the challenges of the Covid pandemic but also took the company into new technologies, new countries and continued to build Globeleq’s reputation in Africa.
Through Mike’s leadership, Globeleq now has a portfolio of assets producing 1,800 MW of power across Africa with a further 500 MW under construction and an exciting pipeline of growth opportunities across the continent. I am pleased that Mike has agreed to chair Globeleq’s Investment Committee over the coming months to provide continuity during this interim period.
“I am very pleased that Jonathan has agreed to become interim CEO of Globeleq. His appointment provides the business with important continuity over the coming months while the Board and shareholders consider a permanent replacement for Mike. Jonathan has 14 years of experience at Globeleq where he has originated and delivered investments and built teams that have created substantial value for the Group. With the Group performing well and myriad opportunities for growth, I am certain that Globeleq will thrive under Jonathan’s leadership.”
Nick O’Donohoe, Chief Executive of British International Investment, also commented: “Mike leaves Globeleq with our very best wishes and thanks for nine years of hard work. Mike joined Globeleq as BII became direct investors and he has been a critical part of the Group’s evolution into Africa’s leading Independent Power Producer. All of us at BII know Jonathan very well after his many successful years with Globeleq and the part he has played in the group’s growth. We look forward to working with him as interim CEO of Globeleq.”
Tellef Thorleifsson, CEO of Norfund, added: “Globeleq is a key part of the Norfund portfolio, and we thank Mike for his stewardship of this important investment over the past nine years. We know Jonathan well and wish him all good fortune as he steps up to become interim CEO.”
Source: https://energynewsafrica.com
Ghana: Rainstorm Causes Power Outage In Parts Of Accra–ECG
The Electricity Company of Ghana (ECG) has attributed power interruptions in parts of Accra, the capital of Ghana, to a rainstorm in Greater Accra on Wednesday that flooded some of its primary substations.
The rainstorm affected the H-Dzorwulu, Burma Camp I, Station D-Avenor, High Street AH, La Trade AJ, Lakeside Estate and Gbawe, all primary substations of the company.
A statement issued by William Boateng, Director of Communications for ECG, said the power distribution company and Ghana Fire Service are working together to drain all flooded primary substations to ensure swift restoration of power supply.
“We wish to assure our cherished customers and all stakeholders of our commitment to ensuring a stable power supply, and apologise unreservedly for the effect of the outage on our daily lives,” Mr Boateng said.
Source: https://energynewsafrica.com
Source: https://energynewsafrica.com Ghana: May Day: Ghanaian Workers Charge President Akufo-Addo To Fix Erratic Power Supply
Ghanaian workers used International Workers’ Day known globally as May Day to call on President Akufo-Addo to ensure that the erratic power supply in the country is resolved as soon as possible.
The Secretary General of the Trades Union Congress, the umbrella body of Ghanaian workers, described the resurfacing of the power crisis experienced some years ago in the country as regrettable.
“Regrettably, people have to experience ‘dumsor’ again. Please do something about the ‘dumsor’ now,” Dr Yaw Baah said in an address to mark this year’s May Day celebration at the Black Star Square in Accra, the capital of Ghana.
Addressing the workers at the same event, President Akufo-Addo observed that the power challenges being experienced across the country are being resolved.
He said the power situation has improved, following the completion of the maintenance works on the transformers of the Electricity Company of Ghana (ECG).
President Akufo-Addo assured the people of Ghana that they would not experience the erratic power supply (dumsor) again.
“Issues surrounding the maintenance of the transformers have been resolved. Indeed, we have witnessed a stable power supply across the country with no load shedding reported anywhere yesterday…I am confident that the unfortunate era of dumsor will not return,” he said
Source: https://energynewsafrica.com
AOW 2024 Marks 30 Years Of Driving African Energy Investment
Africa Oil Week (AOW) 2024, Africa’s leading upstream and energy event, has entered an exciting new phase of its long history driving innovation, collaboration, and facilitating deals that shape Africa’s energy future.
Set to run from 7—10 October 2024, at the Cape Town International Convention Centre CTICC), AOW comes at a critical time, as the world navigates a complex energy transition.
As a key forum for supporting this transition in a way that meets the unique needs of Africa’s people, AOW is geared to helping the continent meet its growing energy needs, stimulating socio-economic development, and ensuring Africa retains control of its own natural resources.
With the event marking its 30th year of existence, this year will see AOW reinvigorate its unmatched government-access opportunities, bringing together dozens of government representatives, energy policymakers, industry leaders from across the international oil-and-gas sector, financiers and dealmakers, to find new ways to meet Africa’s energy and development needs.
To ensure AOW 2024 retains real-time industry relevance, this year sees the introduction of a sector-leading Executive Board and Advisory sub-Committees of diverse and influential African energy change-makers.
“Since 1994, we have proudly supported Africa’s right to develop its oil and gas sector through strong, sustainable carbon-management strategies,” says Yemi Ibidunni, AOW Event Director.
“This year, we’re also putting government needs at the heart of our event, by investing in high-touch government-led programmes.”
The main themes of this year’s event will be Equitable Development of the Upstream; Expansion of Gas Value Chains, the Integration of New Energies; Adoption of Best-in-Class Technologies; and Access to Finance.
The AOW community has long been driven by dealmaking and gaining access to top financiers and investors on the continent. As the continent seeks to secure billions of dollars for oil, gas, renewables and power infrastructure, AOW will explore the various options and opportunities of diversifying Africa’s funding for energy projects.
AOW 2024 is endorsed by The African Energy Commission (AFREC, part of the African Union), the Department of Mineral Resources and Energy South Africa (DMRE) and Lean in Equity & Sustainability.
“We’re excited to partner with organisations that have shared ambitions to put Africa’s energy investment and development needs at the forefront of global energy priorities,” adds Yemi Ibidunni.
“We remain committed to creating sustainable and realistic opportunities for African energy, as the global platform for deals and transactions.”
The cross-disciplinary Executive Board is made up by Upstream Director for ENI Luca Vignati; Advisory Board Chair for Lean in Equity & Sustainability Lamé Verre; Managing Director of Equinor Tanzania Unni Fjaer; Managing Director of Central, East and Southern Africa at SLB Miguel Baptista and Chief Executive Officer Pecan Energies, Kadijah Amoah.
“We are delighted to announce our partnership with AOW in commemorating three decades of investment in African Energy. Through this collaboration, we aim to synergise our efforts towards advancing the sustainable development of Africa’s energy resources,” says Rashid Ali Abdallah, Executive Director of AFREC.
“Our shared focus includes promoting the adoption of renewable energy and facilitating the commercialisation of oil and gas to foster positive socioeconomic outcomes and universal energy access.”
He adds, “we are also happy to take a leading role in shaping the discussions at the AOW:50 Government and Leaders Programme, where we intend to establish concrete actions that stimulate further investment in African energy. We invite you to join us this October as we celebrate the remarkable milestone of 30 years of AOW, marking our collective commitment to the future African energy”.
AOW 2024 runs from 7—10 October at the Cape Town International Conference Centre. It is the premier global platform for sharing industry developments and stimulating transactions across the African oil-and-gas upstream, bringing together governments, national and international oil companies, independents, investors, the geological-and geophysical community, and service providers.
Source: Africa Oil Week