The International Gas Cooperation Summit (IGCS) is a platform for South Africa’s aspirations to build an energy hub for gas cooperation with international partners along the gas value chain.
Following the release of the Project Information Memorandum last year at the South Africa: Gas Options meeting, this meeting will outline the next steps of the Gas IPP Programme and the scale of opportunity for investors, as well as examining the role of downstream. IGCS will showcase gas procurement and utilisation strategies, bringing together a global gathering of energy leaders who will enable Southern Africa to achieve its objectives in becoming an energy hub for the region.
The next opportunity
As one of Africa’s most developed economies, South Africa has a successful track record of initiating an IPP Programme for renewable energy to complement its largely coal-dominated energy mix. The introduction of natural gas is a natural progression for the country that could help diversify the energy mix, transform the country’s infrastructure and create jobs. The Industrial Policy Action Plan set out by South Africa’s Department for Trade & Industry (DTI) emphasises the industrial and economic benefits of natural gas, highlighting the development of the gas sector as a critical project.
How can natural gas play a greater role in South Africa’s energy mix?
With investor confidence high and a strong regulatory framework is in place, what are the next steps in South Africa’s journey to becoming a commercial gas hub? And where do the real opportunities lie for investors? Visit www.igcs-sa.com for more information, or contact our team at IGCS@energynet.co.uk