VENTURES AFRICA- Following the latest quest by investors from different countries to explore East Africa as the new investment hub, particularly as a result of the abundance of Liquid Natural Gas (LNG) in the region, a forum has been scheduled to address the issue.
The forum, East Africa Gas Forum, is schedule hold in Dar es Salaam, Tanzania on the 5th, 6th and 7th of September 2012. Supported by the Tanzanian Ministry of Energy and Minerals, the forum will focus on the strategic, commercial, and geopolitical issues underlying the development of major recently discovered gas resources within the region. It will also discuss the impact they will have on the domestic market, and the strong potential for LNG export.
According to a statement issued by Gastech Specialist events, “recent discoveries and the potential for gas monetisation, as well as the high probability of investment in infrastructure to support LNG exports, have meant that East Africa is a game changer for the global gas market.”
Africa presents vast opportunities for economic and social development investors. The forum will analyse topics on commercial potential for East African gas on the global market; understanding the commitments of regional governments; the considerations of doing business within East Africa, taxation, and overcoming challenges of market entry; the cost of securing assets offshore, political risk and potential ROI, the region’s energy requirements – how gas will be used domestically.
In addition, updates on regional gas-fired power projects and the impact of predicted economic growth as well as Gas infrastructure (getting gas resources to the buyers – pipelines, LNG terminals and general infrastructure) will be discussed at the forum. All topics will be focused on key East African countries like Tanzania, Mozambique, Uganda, Rwanda, and Kenya.
Speakers at the forum include Nelson Ocuane, Chairman, ENH; Alfred D. Byigero, Director-Energy Regulation, Rwanda Utilities Regulatory Agency; Chris Ford, Managing Director, SONGAS; Eugene Okpere, General Manager Global Exploration, SASOL and Ali Abdullahi, Special Advisor, Prime Minister and Cabinet on Energy, Infrastructure, Water, Somalia Transitional Federal Government.
To learn more about the programme, check, http://www.eastafricagasforum.com.