In a collaborative effort to promote the use of liquefied petroleum gas (LPG) solutions in Africa, the African Refiners and Distributors Association and the UN-backed Global LPG Partnership have secured $1 billion in funding for clean cooking solutions on the continent. The presence of ARDA Executive Secretary Anibor Kraghan as a speaker at the upcoming MSGBC Oil, Gas&Power 2024 conference in Dakar from December 3-4 underscores the importance of downstream expansion in achieving a sustainable energy future for Africa.
As the sole pan-African organization representing the downstream sector, ARDA’s mission to advocate for all African downstream stakeholders is gaining momentum. With disruptions in global supply chains causing price fluctuations and instability, many African nations heavily rely on imported refined products. ARDA emphasizes the need for increased investment in the downstream sector to enhance energy security and self-sufficiency through refinery upgrades, new facility construction, and regional distribution network development.
Discover opportunities, cultivate partnerships, and stay updated on the oil, gas, and power sector in the MSGBC region. Secure your spot at the MSGBC Oil, Gas&Power 2024 conference by visiting www.MSGBCOilGandPower.com. For sponsorship or delegate participation, please contact sales@energycapitalpower.com.
Recently becoming an oil-producing nation with its first crude oil shipment from the Sangomar field development, Senegal is making significant strides in the energy sector. Plans for a 250 MW gas-to-power plant near Saint-Louis and the construction of the country’s largest combined cycle gas power station by West Africa Energy demonstrate the country’s commitment to energy development. Additionally, ongoing projects like the Sandiara gas-to-power plant and upgrades to the Société Africaine de Raffinage refinery further contribute to enhancing Senegal’s energy capabilities.
The abundance of offshore oil and gas reserves in the MSGBC region, including the Sangomar, GTA, Yakaar-Teranga, and BirAllah fields, positions the area as a prime location for downstream investments. As the region experiences a rise in demand and introduces local oil and gas to the market, Kragha’s participation at MSGBC 2024 will delve into industry developments, challenges, and infrastructure expansion strategies.
Press release distributed by APO Group on behalf of Energy Capital&Power.