As many as 20 African oil and gas ministers are set to headline the continent’s most influential gathering for the energy industry.
The leaders are to attend an event dubbed African Petroleum Producers Organization (APPO) CAPE VII, which has welcomed the participation of more than 50 of Africa’s petroleum ministries, national oil companies and private firms as exhibitors and sponsors.
President of Equatorial Guinea, Obiang Nguema Mbasogo, and Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, will both speak at APPO CAPE VII.
Secretary General of APPO, Mahaman Laouan Gaya and Emmanuel Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources, will present on the foundational reforms of the African Petroleum Producers’ Organization.
Mohammed Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC); Dr Sun Xiansheng, Secretary General of the International Energy Forum and Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF) are all set to speak at APPO CAPE VII.
The event is set to bring together top oil and gas executives and the continent’s leading energy ministers, as well as international policy leaders for a week focused on policy reforms, Africa’s influence in energy geopolitics and increasing cooperation amongst African countries. In all, the conference will gather more than 20 African governments, more than a dozen national oil companies and 50+ exhibitors and sponsors.
The event comes at a time when a fresh wave of energy investment in Africa stands in stark contrast to many more developed markets around the world. Countries like the United States, Ireland, Italy and New Zealand are chipping away at global exploration potential, with New Zealand banning new exploration altogether.
In light of these developments, top industry executives, including Guy Maurice, Senior Vice President for Africa at Total, and Mounir Bouaziz, Vice President for Africa and South America at Shell; will speak on Africa’s upstream potential in the current geopolitical environment.
Other panels will tackle regional cooperation, downstream calls for investment, the potential for financing Africa’s oil and gas sector, and the need for economic diversification.
The event will run from April 2nd to April 5th in Malabo, the capital of Equatorial Guinea.