Make energy work – generating jobs and economic growth in Africa

ARTICLE PUBLISHED by Crown.co.za. Original found here

Africa Oil & Power (AOP) 2019 returns to Cape Town this year, October 9 to 11, and will bring together some 1200 delegates and more than 20 petroleum and power ministers and industry leaders to speak on the theme #MakeEnergyWork.

Known as ‘Africa’s energy conference’ AOP bridges traditional and alternative energy, fossil fuels and renewables, and petroleum and power to foster intra-African investment.

Africa Oil and Power Guillaume Doane
  Guillaume Doane, CEO of Africa Oil & Power

As the sole platform taking an integrated approach to oil, gas, power and economic growth, the AOP conference aims to drive tough conversations as Africa sees significant advances in its power sector and moves to develop oil and gas discoveries. Under the #MakeEnergyWork theme, AOP 2019 will show how oil, gas and power can generate greater opportunities for the people of Africa and stimulate sustainable economic growth.

In 2018, Africa’s oil and gas sector saw an oil production rate of 8.1 million barrels per day (bpd), gas production of 7.95 trillion cubic feet, and LNG exports of 41 million tonnes per year (10% higher than in 2017), predominantly from Nigeria, Algeria, Egypt and Equatorial Guinea. Oil and gas licensing rounds were launched in 16 countries.

The electrification rate in Africa is reportedly around 43%. Despite important advances made in rural areas, this figure highlights the opportunity that exists to build and finance energy infrastructure to bring power to 600 million people. Renewable energy holds great promise, particularly in South Africa. The Renewable Energy Independent Power Producer Procurement Programme has so far seen the procurement of over 100 projects from independent power producers.

Guillaume Doane, CEO of Africa Oil & Power, says, “Since its inception, Africa Oil & Power has been a platform for building alliances and facilitating the deals that drive African energy sectors and economies forward. The opportunities provided by oil, gas and power, in all their forms, are critical to discussions on how to grow African economies, to maximise in-country value and equip populations for evolving job markets. Energy is at the centre of any conversation on African economic growth and transformation. This is why the #MakeEnergyWork theme is so exciting.”

Africa Oil & Power 2019 will also host an exhibition dedicated to South Africa’s energy sector, technology and digitalisation, renewable power, oil and gas services, and more.

For more information visit: Africa Oil & Power 2019: www.aop2019.com

About info@ psy

PSY SYSTEMS is based in Johannesburg RSA and offers its services internationally. We specialize in Electronic Modules and we offer consultation, project management, project design, development, commissioning and installation of electronic components and control systems for specialized infinite applications.