Midstream, Downstream Projects in Focus at African Energy Investment Forum
As Africa seeks to improve energy security and transition toward cleaner fuels, the midstream and downstream value chains are emerging as high-potential investment destinations to be showcased.
PARIS, France - As Africa aims to bolster its supply and access to refined petroleum products, investment opportunities in midstream and downstream oil and gas projects will take center stage at the upcoming Invest in African Energy (IAE) forum in Paris, writes Winston Mwale.
A dedicated panel session during the May 14-15 event will explore dynamic business prospects across the continent involving pipeline projects, crude oil storage facilities, fuel product tanks, oil refining, gas processing capacity and distribution infrastructure.
Emphasizing the pivotal role such projects play in advancing Africa's energy sector by unlocking export revenue and delivering fuel to domestic markets, the discussion will provide a roadmap for ensuring energy security, stable assets and minimizing environmental impacts.
Organized by Energy Capital & Power, the exclusive IAE forum fosters collaboration between European investors and African energy markets through intensive engagement with experts, developers, investors and policymakers.
Several massive infrastructure developments are already underway across Africa, with over half of the oil and gas projects set for deployment between now and 2028 focused on midstream and downstream segments.
In West Africa, Nigeria is developing the $3.5 billion Brass Methanol Plant as well as expanding its LNG export capacity through the Nigeria LNG Train 7 project. The ambitious Nigeria-Morocco Gas Pipeline will transport Nigerian gas across 11 African nations to Morocco and Europe.
East Africa is witnessing mega projects like the East African Crude Oil Pipeline (EACOP) to transport Ugandan oil for export via Tanzania's Tanga port. Uganda is also seeking partners for its strategic Buloba oil storage project.
Meanwhile, multi-billion-dollar integrated gas projects like the three LNG plants in Mozambique, Congo LNG and Tanzania LNG are boosting the continent's gas liquefaction and export capabilities through extensive processing and pipeline infrastructure.
As Africa seeks to improve energy security and transition toward cleaner fuels, the midstream and downstream value chains are emerging as high-potential investment destinations to be showcased in Paris.