The Sub-Saharan African energy industry as a subset of the Global Industry is also struggling with the realities of COVID-19, despite the exciting news of commencement of vaccination. Waking up from the nightmare of 2020, this year holds mixed expectations amid hopes of containment of the virus.
On the oil and gas front, against the recent OPEC+ collective agreement, Saudi Arabia announced a unilateral production cut of 1 mmbls, adding to prevailing uncertainties on oil price projections. Biden’s Presidency is expected to amplify Europe’s and Asia’s acceleration of Renewables, raising existential concerns for Africa’s oil industry, in addition to contending with COVID-19.
Certainly, there is so much to contend with in the coming days, with respect to, not only the oil and gas and energy industry, but the general business climates of the sub-region. The need to critically look at the direction and impact of local policy variables in the face of these uncertainties cannot be sooner.
Against these backgrounds, AOGS Energy Resources and her Partners invite you to the Sub-Saharan African Energy Outlook 2021 Webinar on Wednesday, Jan 27, 2021 at 13.00 GMT+1.
Featuring an eminent panel of leaders, the session aims to make informed analyses of key drivers likely to shape the industry in the year ahead and offer critical scenarios and insights that benefit the region’s common destiny.
Areas to be covered include:
- Global oil and non-oil events and their implications for Sub-Sahara African Energy sector
- Key policy variables across the region
- Oil & Gas projections in key countries – Nigeria, Ghana, Sierra Leone, etc
- Impact of Renewables