The Council of Ministers of the African Petroleum Producers Organization (APPO) has just closed its 41st Ministerial session with the determination to pursue the exploitation of the enormous oil and gas resources of its member countries for the economic emancipation of its population while exploring the use of renewable energies.
The Session which was chaired by the President of the Organization, His Excellency Mohamed Arkab, Minister of Mines and Energy of the People’s Democratic Republic of Algeria, brought together the Ministers and Heads of Delegation of the 14 Member Countries of the Organization, namely Algeria, Angola, Benin, Cameroon, Chad, Congo, Democratic Republic of Congo, Egypt, Equatorial Guinea, Gabon, Libya, Niger, Nigeria and South Africa. The Ministers of Petroleum and Energy of Senegal were also present, HE Aishatou Sophie Gladima, the Deputy Minister of Energy of Ghana, His Excellency Mohamed Amin Adam, the Executive Secretary of the African Energy Commission of the African Union, Mr. Rachid Ali Abdalla and the Executive President of the African Energy Chamber, Mr. NJ Ayuk, among other international energy organizations.
High on the agenda for ministerial discussions was the Future of the oil and gas industry in Africa in light of the global pursuit of energy transition. The ministers recognized the reality of climate change and expressed their support for any human effort aimed at tackling the dangers of climate change. The session noted that the current approach to energy transition is a unilateral imposition where developed countries that have used fossil fuels for over a hundred years to develop their economies and societies and have always been aware of the dangers of fuel emissions fossils, are now telling the world that fossil fuels are dangerous for humanity and that everyone should give it up.
The ministers noted that this aggressive energy transition dynamic comes at a time when African economies are about to embark on industrialization, which requires a lot of energy, while the economies of developed countries now require less energy. energy due to their transformation of the manufacturing industry. knowledge production and artificial intelligence.
The ministers identified the looming challenges that the oil and gas industry will face in Africa as international financiers withdraw funding from the industry and oil and gas research institutes in developed countries that have historically led technological development close. their petroleum faculties. Regarding the financing of energy projects on the continent, the Council decided to seek both public and private sources on the continent to raise the necessary capital to continue financing the oil and gas industry. They agreed that Africa must redefine its strategy because the game is changing rapidly. Africa will have to seek within itself the expertise, technology, finances and markets for its energy resources. The Council noted that the potential exists, as Africa has a massive population of 1.3 billion people. All they need is to be mobilized and empowered to be able to buy energy.
The Council reaffirmed its commitment to protecting the environment, stressing the need to seek technologies that allow the use of fossil fuels with a minimum carbon footprint. In addition, the Council called on technologically advanced and financially capable countries to provide support to African countries as they grapple with the challenges of energy transition. The Council noted the need for intra-African energy infrastructure such as cross-border pipelines, product depots and terminals.
The Council welcomed five new ministers on board, HE Mr. Bruno Jean-Richard Itoua Congo, HE Budimbu Ntubuanga Didier from DR Congo, HE Thomas Camara from Ivory Coast, HE Mohamed Oun from the State of Libya and HE Mahammane Sani Mahammadou from Niger.
The Council of Ministers elected unanimously HE Mr. Diamantino Pedro Azevedo and HE Mr. Samou Seidou ADAMBI, Minister of Petroleum Resources of Angola and Minister of Water and Mines of Benin, respectively, as President and Vice-President of APPO for the year 2022
Finally, the Council of Ministers approved Mr. Célestin ENANTO, Member of the Executive Council for Benin and Mr. Jean Jacques KOUM, Member of the Management Board for Cameroon, respectively Chairman and Vice-Chairman of the Management Board for the year 2022.
The next regular session of the Ministerial Council will be held in Angola during the last quarter of 2022 on a date to be communicated by the host country.
Distributed by APO Group on behalf of the African Energy Chamber.