Downtown Africa
| African Energy Week (AEW) has continued to attract giants in the energy industry to its line-up of speakers. The newest speaker to join this line-up is Vladimir Ilyanin who is currently the Deputy Managing Director of International Business Development and Strategy of Gazprom EP International B.V. This addition underscores the fact that international stakeholders are expanding their interest and participation in upstream opportunities in Africa’s oil and gas sector. Mr. Ilyanin’s speech will focus on a number of topics including the role of oil and gas in Africa’s energy future, the exploration and production, natural gas monetization and Liquified Natural Gas (LNG) opportunities and challenges in the industry. He will open a dialogue on African upstreams activities for African countries with significant gas reserves like Senegal, Mozambique, Nigeria, Ghana, South Africa, Algeria, Tanzania, Equatorial Guinea, Congo-Brazzaville, and Angola. Gazprom, which is a leader in managing upstream projects, as well as searching, evaluating, and acquiring new petroleum assets in the world’s major oil and gas regions, is seeking to widen its footprint in emerging African markets. Despite its significant oil potential, Africa only accounted for approximately nine percent of the global oil output in 2019. As the continent seeks to address energy poverty and increase domestic economic revenues, many countries have launched new exploration initiatives, leading to an influx in new opportunities for international stakeholders. Accordingly, companies such as Gazprom are redirecting a focus on Africa. Ilyanin’s participation will be particularly valuable for African governments and companies seeking partnerships. By integrating African opportunities with Gazprom’s expertise, sustained growth and expansion within Africa’s oil and gas sector can be realized. Notably, Gazprom specializes in exploration activities, drilling onshore and offshore wells, producing, processing, and transporting hydrocarbons, and building and upgrading oil and gas facilities. By capitalizing on Gazprom’s expertise, partner nations will be able to drive exploration and production, enacting long-term socio-economic growth. Africa’s gas miracle and its potential in emerging African markets, as well as small-scale LNG, comprise key discussion topics at AEW 2021. Ilyanin’s participation is expected to drive this discussion. The Executive Chairman, the AEC also stated that Africa is aggressively pursuing socio-economic growth to end energy poverty by 2030, and both oil and gas have valuable roles to play in making this objective a reality. |
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