Press

South Africa Energy Minister, State Companies to Lead National Energy Investment Drive at Africa Oil & Power


  • In a dedicated power program, AOP 2019 puts the spotlight on South Africa, focusing on the Kwa-Zulu Natal and the Northern Cape provinces, examining petroleum exploration, gas infrastructure, and IPPs.
  • Hon. Gwede Mantashe, Minister of Mineral Resources and Energy of South Africa and Deputy Minister Hon. Bavelile Hlongwa will join energy industry leaders from Senegal, Angola, Lesotho and South Sudan on stage.
  • The AOP 2019 conference is hosted in partnership with the Department of Mineral Resources and Energy, the South African Chamber of Commerce and Industry and the South African Oil & Gas Alliance and will feature speakers from state-owned enterprises CEF Group, SANEDI, PetroSA, NERSA, iGas and PASA.
  • The Africa Oil & Power 2019 Conference and Exhibition will take place at the CTICC 1 in Cape Town, South Africa on October 9 -11, 2019.

Cape Town, South Africa – As the global investment community descends on Cape Town for Africa Oil & Power 2019 on October 9-11, a key focal point of the annual conference will be South Africa's surge as an investment destination across the energy value chain. Following a landmark offshore discovery in February, multiple gas agreements and a record setting number of IPP projects online, Africa's biggest energy consumer is a flashpoint for major project finance activity this year.

Africa Oil & Power (AOP) is pleased to announce that South Africa's Minister of Mineral Resources and Energy Hon. Gwede Mantashe and Deputy Minister Hon. Bavelile Hlongwa will join a powerful line-up of African energy industry leaders and decision-makers on the AOP 2019 stage.

As the meeting place of South Africa's energy industry, AOP 2019 is hosted in partnership with the Department of Mineral Resources and Energy, the South African Chamber of Commerce and Industry and the South African Oil and Gas Alliance and will feature speakers from state-owned enterprises CEF Group, SANEDI, PetroSA, NERSA, iGas and PASA.

Welcoming the South African minister and deputy minister to the fourth annual AOP event in Cape Town, Africa Oil & Power CEO Guillaume Doane said: “South Africa's energy profile is rising, thanks in great part to policy reforms, industry privatization and a landmark offshore discovery earlier this year. The energy economy is steering away from coal and towards gas and renewables, a trend which we are very excited to feature at this year's conference.”

AOP 2019 will create opportunities for investment and encourage intra-Africa cooperation across the oil, gas and power sectors, through the theme #MakeEnergyWork.

The three-day AOP 2019 program will discuss key topics including the future of gas in Africa's energy mix, exploration and production, the role of renewable energy in closing the power gap and project financing.

With a special focus on the developments in South Africa's energy sector, AOP 2019 will cast a spotlight on the country's exploration and production prospects, the evolution of the power sector – specifically in the Kwa-Zulu Natal and Northern Cape provinces – and unpack the country's energy strategies expressed in the draft Integrated Resource Plan (IRP).

The draft IRP proposes to implement 46 percent coal-generated power, 16 percent gas, 15 percent wind, 10 percent solar PV, 6 percent hydro, 4 percent pumped storage, 2.5 percent nuclear and 1 percent concentrated solar power and plans to supply an estimated 20,000 MW of the additional 29,000 MW electricity the country needs by 2030.

Although the IRP remains to be finalized, the country is already seeing moves by public and private sector actors towards some of the plans expressed in the draft IRP.

Last month, Transnet announced its cost-sharing agreement with the International Finance Corporation to conclude a feasibility study for the development of an LNG storage and regasification terminal in the Kwa-Zulu Natal and South Africa's Strategic Fuel Find announced its tender for a refinery project in South Sudan.

On its shift towards clean power, the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) will continue to be instrumental in the country diversifying its energy mix, having already brought online 102 IPP projects from the four bid windows and over $17.5 billion in investments.

A prime example of an initiative making energy work, the REIPPPP has created over 38,000 jobs and contributed generously to the national grid through projects including the country's largest concentrated solar IPP project, the 100 MW Kathu Solar Park in the Northern Cape, the 135,8 MW Cookhouse Wind Farm in the Eastern Cape and the 135.5 MW Gounda Wind Farm in the Western Cape.

Resolute to find an energy solution that will meet the country's needs, Minister Mantashe told members of parliament last month that the IRP would be finalized by September, and explained that “It is a summary of what we must do and gives us a framework to our approach to energy. We can't lobby for any technology over the other. Our preoccupation is energy supply and security.”

In 2018, the AOP conference featured the participation of Karén Breytenbach, South Africa's former Head of the Department of Energy's Independent Power Producer Office and Hon. Jeff Radebe, South Africa's former Minister of Energy.

This year, the conference line-up includes H.E Macky Sall, President of Senegal; H.E Diamantino Azevedo, Minister of Mining and Petroleum of Angola; H.E. Mahaman Laouan Gaya, Secretary-General of APPO; H.E.Mouhamadou Maktar Cisse, Minister of Petroleum and Energy of Senegal; Hon. Awow Daniel Chuang, Minister of Petroleum of South Sudan and Hon. Tsukutlane Au, Minister of Energy and Meteorology of Lesotho.

Learn more about Africa Oil & Power's 2019 flagship event and book your exhibition space and delegate passes at www.aop2019.com



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://africaoilandpower.com/2019/08/20/south-afr...

South AfricaAfrica Oil & PowerSenegalSouth SudanLesothoOilgasPowercape townrenewablesMakeEnergyWork

More items from aydanur


Africa Oil & Power launches Renewables, African LNG and Energy Finance Events at AOP 2020

Africa Oil & Power 2020 highlights African integration across borders throughout the entire energy value chain. AOP 2020 welcomes presidents, ministers, national oil company and utility heads, IPP and renewables executives and more for the fifth edition of Africa's Energy Conference. This year's ...

Aydanur Akkurt - Africa Oil & Power


Posted 7 days agoPress > Africa Oil & Powercape townInvest Without Boundaries +8

AFRICA OIL & POWER 2020

Africa's Energy Event returns for its fifth anniversary as a crucial platform for promoting investment in the energy industries of African countries. In 2020, we expand our format to welcome more countries, pavilions, strategic partners and delegates.

Aydanur Akkurt - Africa Oil & Power


Cape Town   WC   ZA 15 Sep 2020


Posted 8 days agoEvent > cape townAfrica Oil & PowerOil +9

ANGOLA OIL & GAS 2020

The Angola Oil & Gas Conference & Exhibition will return for a second year as the focal point of an international investment drive, aiming to bring new deals to the table and sign up new entrants in oil and gas. Surrounding the conference will be a year long global drive in multiple cities to presen ...

Aydanur Akkurt - Africa Oil & Power


Luanda   Luanda Province   AO 16 Jun 2020


Posted 8 days agoEvent > AngolaOilgas +4

SENEGAL OIL & POWER 2020

Supported by the Government of Senegal, Cos-Petrogaz, Petrosen and Senelec, the conference will herald a new era of investment in one of West Africa's leading business destinations, on the back of worldclass offshore oil and gas discoveries and several dynamic energy projects that have been put in m ...

Aydanur Akkurt - Africa Oil & Power


Dakar   Dakar Region   SN 27 May 2020


Posted 8 days agoEvent > SenegalAfrica Oil & PowerCOS-Petrogaz +5

AFRICA OIL & INVESTMENT FORUM 2020

This is the launch event for the Equatorial Guinea 2020 Year of Investment campaign, whose goals are to attract investment into key industries in Equatorial Guinea, boost entrepreneurship, generate profit for investors and create jobs. Organized in partnership with the Ministry of Mines and Hydrocar ...

Aydanur Akkurt - Africa Oil & Power


Malabo   Bioko Norte   GQ 01 Apr 2020


Posted 8 days agoEvent > Equatorial GuineaYear of InvestmentAfrican Energy Chamber +4
All posts from aydanur