SOCAR, Congo Discuss Oil and Gas Collaboration
Officials from SOCAR and the Republic of Congo met to explore collaboration in oil and gas-related sectors, including trade and human capital development.
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Officials from SOCAR and the Republic of Congo met to explore collaboration in oil and gas-related sectors, including trade and human capital development.
Speakers during the SIDSSA 2024 Stakeholder Dinner emphasized government accountability, private sector opportunity and a future-oriented approach to infrastructure development.
Government stakeholders shared South Africa’s infrastructure investment milestones and future plans during an exclusive media briefing on Monday.
The closure of the $300 million deal with Perenco allows Eni to focus on other large-scale developments such as the 4.5 billion cubic meters per annum Congo LNG.
The recently enacted law establishes a sovereign wealth fund to manage the country’s projected $91.7 billion in natural gas exports.
Infrastructure South Africa provided an update on projects deployed from 2020 and outlined future investment needs at SIDSSA 2024.
Taking place March 17-19 in Cape Town, the SIDSSA drives investment towards infrastructure projects in South Africa.
Cross-border collaboration and regional integration was noted as a requisite for Africa to benefit from and attract infrastructure investment.
The 135 MW Merak 1 project will power African Rainbow Minerals’ mining activities, marking a step towards sustainable energy solutions in South Africa’s mining sector.
The respective NOCs of Senegal, Guinea-Conakry, Sierra Leone and The Gambia will participate in a West Africa-focused roundtable at the upcoming Invest in African Energy forum.