The Petroleum Agency SA (“PASA”) in partnership with the Department of Mineral Resources and Energy (“DMRE”) and the South African Oil & Gas Alliance (“SAOGA”) is hosting the 3rd Annual Southern Africa Oil & Gas Conference that will focus on the developments of the upstream petroleum industry in the SADC region. This initiative started in 2021 with the 1st annual conference organized in partnership with SAOGA. In 2022, the 2nd annual conference was organized in conjunction with the DMRE and SAOGA, and it resulted in a growth that was more than twice as large. We encourage maximum attendance and participation of various stakeholders across the SADC upstream petroleum industry to be part of this rapidly growing movement, and we also anticipate an even bigger turnaround for the 3rd annual conference in September of 2023.
The main aim of this initiative is to create a local platform that is accessible to the general public as well as all businesses looking for opportunities in the upstream oil and gas industry. This annual conference allows participants to gain valuable strategic insights and it offers networking opportunities with policymakers, operators, and industry professionals from across Southern Africa. As this is a “Southern Africa” Upstream Oil & Gas Conference, we will invite participants from all the countries within the SADC region, especially countries with recent oil and gas developments such as Namibia, Angola, Mozambique, Tanzania, Botswana & Zimbabwe. This year’s event promises to be an exciting one that will bring together policymakers, oil and gas operators and other key stakeholders in the upstream petroleum industry to discuss suitable and innovative methods to develop the SADC region’s upstream oil and gas resources.
Day 1 will primarily focus on the success stories of Guyana and Namibia with the aim of identifying key success factors that can be applied in other SADC and Sub-Saharan African countries. The Guyana session will elucidate the socio-economic benefits that can be derived from oil and gas production. Both Guyana and Namibia have stated that, while their countries’ future do not entirely depend on the extraction of oil and gas, they will use their discoveries to anchor social and economic infrastructure development.
Guyana’s economy grew by 62.3% in 2022 and is expected to grow by 37.2% in 2023 and 45.2% in 2024 (World Bank Group Global Economic Prospects and IMF). Domestic gas production in Guyana has enabled the government to replace HFO
in electricity generation with indigenous natural gas, resulting in 50% reduction in electricity tariffs.
Namibia‘s 2022 Venus-1 discovery was heralded as the largest in the world in the last 15 years. Namibia has since announced accelerated exploration program and the government sees the production of oil and gas as an opportunity to double their country’s GDP by 2040.
Day 2 will focus on South Africa’s enormous oil and gas potential, with the goal of enhancing the nation’s present energy security of supply and resolving our ongoing energy crisis. Additionally, the discussions will also touch on;
President Cyril Ramaphosa declared a national state of disaster during the State of the Nation Address (SONA) 2023 in response to South African’s electricity crisis. This is a chance for the government to expedite the implementation of urgently required energy projects and scale back regulations, while still upholding strict environmental protection, procurement guidelines, and technical standards. Learn more about the upstream oil and gas African market, potential economic opportunities, regional integration, and the significance of the Southern Africa Power Pool. Presentations and panel discussions will also focus on skills development, skills transfer, and capacity building in the region to induce maximum participation, sustainable development, and local beneficiation.
OIL AND GAS DEVELOPMENT TO ADDRESS SOUTHERN AFRICA’S ENERGY CHALLENGES WHILE ENSURING A JUST ENERGY TRANSITION
DAY 1 Wednesday, 13 September 2023
Registration opens at 07h00
Conference 09h00 – 16h30
Exhibition 08h30 – 16h30
Cocktail Dinner 17h30
DAY 2 Thursday, 14 September 2023
Registration opens at 07h00
Conference 09h00 – 15h30
Exhibition 08h30 – 15h00
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