Energy Capital & Power: AU Chair and President of Senegal H.E. Macky Sall to Open MSGBC Oil, Gas & Power Conference in September 2022 - Seite 2

As new abundant natural resource reserves are discovered across the region, there has never been a more prescient time to unite leaders, industry professionals and executives in discussions on investment and policy, decarbonization and technology. Senegal itself has a dozen offshore blocks open for lease, Mauritania has 19, The Gambia has two onshore and four offshore blocks under exploration, Guinea-Bissau has recently licensed 11 offshore blocks of its own, whilst Guinea-Conakry is only now entering the extractive energy field with reserves unknown. In this regard, the entire MSGBC region is ready and open for business, with regional leaders inviting international companies and governments to partner, invest and sign deals to reshape the MSGBC landscape on the back of gas.

The MSGBC Oil, Gas & Power Conference 2022 steps into this picture in response to increased interest by international stakeholders to invest, develop and succeed in Africa, focusing on enhancing regional partnerships and spurring investment. Already there has been some success in this area with Chancellor Olaf Scholz of Germany meeting with H.E. President Macky Sall this week, discussing a potential gas deal between the two nations. As this agreement takes off, other MSGBC countries are calling for more European nations to follow suite, with MSGBC Oil, Gas & Power 2022 representing the best platform to cement such partnerships.

Gathering together leading policymakers and with the Senegalese Energy Minister, H.E. Aissatou Sophie Gladima, in attendance, the event will be one of the first big opportunities to re-engage and connect with investors following COP26 and before COP27, where the African continent and its energy industry will stand in the spotlight. The conference represents the official meeting place of stakeholders from across the oil, gas and renewable sectors, making it the most suitable platform to discuss Africa's energy narrative ahead of COP27.

Preparing for the COP27 conference, the region must show solidarity in its energy narrative, advocating for the need to balance the transition to renewables with the volume of power generation capacity held by oil and gas. H.E. Macky Sall's Emerging Senegal Plan seeks to achieve universal access to electricity by 2030, five years ahead of the SDG7 target, requiring a resilient, agile mix of renewables and gas-based power. Accordingly, the region is inviting African companies, energy leaders and policymakers, as well as international delegations, investors and energy majors, to come to MSGBC Oil, Gas & Power 2022, the premier platform for the discussion on MSGBC project pipelines and gas play, Europe-Africa gas deals, and the African narrative energy ahead of COP27.

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