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Equatorial Guinea Models Success of U S Investment in African Gas (By Grace Goodrich)
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Hon Minister of Energy Dr Matthew Opoku Prempeh to Lead Ghanaian Delegation to African Energy Week 2021 Taking Place in Cape Town
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Equatorial Guinea Models Success of U.S. Investment in African Gas (By Grace Goodrich)
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Grace Goodrich, Field Editor, Energy Capital & Power (www.EnergyCapitalPower.com)
U.S. operators – including Noble Energy, Marathon Oil and Chevron – have played a critical role in executing the first phase of Equatorial Guinea’s flagship Gas Mega Hub, serving as a model for future U.S. investment in gas value chains across the continent.
The African natural gas value chain has become the preferred destination for foreign direct investment – not only because the continent holds over 500 trillion cubic feet of proven reserves, but also because natural gas is a critical step in the global energy transition and provision of clean, affordable power. In the U.S., the Biden Administration has made clear its commitment to supporting developing countries in their own pursuit of low- or zero-carbon economies. Home to 1.3 trillion cubic feet of natural gas, E
Kosmos Innovation Centre sees agric as game changer
The Director of the Kosmos Innovation Centre (KIC) , Mr Benjamin Gyan-Kesse, says it remains focused on the goal of providing opportunities and influencing the agricultural sector with technology and innovations that will attract many young and smart brains into the very important sector of the country’s economy.
He said the decision to focus on agriculture was because the sector had the potential to transform the economy and make the youth, who go into it rich.
“The agriculture space has the potential to make you rich. This is because we have seen companies who will pay just to validate their ideas. It is about how you approach agriculture,” he said in an interview.
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