Panel Discussion: What can Oil and Gas Offer the South African Economy?

With over 600 million people in Africa without access to power, it is clear the energy scenario is very different to that of the developing world. Africa has for many years been exploited of its natural resources whilst industrialised countries benefited. It is therefore too simplistic to suggest Africa must transition at the same pace as USA, United Kingdom, and other western economies.

The world accepts the reality of climate change, this is not the argument. The question is, why should Africa strand over $1.3 trillion could be left stranded by 2050 if we can develop hydrocarbons safely and with strong carbon management strategies.

Equally, does the narrative have to be so polarized, why in 2022 should the discuss be team Fossil Fuels or Team Green. In this session we explore the economic upsides of developing and power our continent whilst also balancing the climate change scenario. The goal, to develop a united industry that develops a balanced low carbon road map that allows us to stay economically stable and takes into consideration our drive toward low carbon pathways – A united future for a balanced and accepted energy Mix.

Tuesday 04 October 16:50 - 17:30 Stage B

South Africa Day

Add to calendar 10/04/2022 16:50 10/04/2022 17:30 Panel Discussion: What can Oil and Gas Offer the South African Economy?

With over 600 million people in Africa without access to power, it is clear the energy scenario is very different to that of the developing world.

Stage B Africa/Johannesburg