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Promote natural gas use, AfDB urges East African stakeholders

In the East Africa gas competence seminar and investment round table which aimed to equip participants with South Korean experience which ends today in Dar.

Promote natural gas use, AfDB urges East African stakeholders

In the East Africa gas competence seminar and investment round table which aimed to equip participants with South Korean experience which ends today in Dar.

10 November 2017 Friday 07:37
Promote natural gas use, AfDB urges East African stakeholders

By Azania Post

THE East Africa gas competence seminar and investment roundtable which aimed to equip participants with South Korean experience which ends today in Dar es Salaam has called stakeholders to promote the use of natural gas.

The two day seminar was attracted by the African Natural Resources Center of the African Development Bank (AfDB) attracted over 60 participants.

According to organizers participants were government officials and experts from petroleum ministries, entrepreneurs and representatives of gas companies and related private sector industries from Angola, Mozambique, Rwanda, Tanzania and Uganda.

A 12-member delegation from Korea and several South Korean businesses will participate, led by Young-pyo HONG, Deputy President, of the Export-Import Bank of Korea.

During the event, the Center shared its latest publication: a case study of Gas Domestication in South Korea and how it relates to African countries.

Participants discussed best practices and share knowledge to promote the use of natural gas in Africa, in particular the importance of an appropriate technology and a conducive environment to attract financing for the use of gas in domestic markets, including energy, fertiliser production, domestic use and transport.

The seminar looked at lessons learned during a study tour to South Korea, organised by the Center in August 2017. The event also provided a platform for networking and fostering investment and business links between government and private sector participants form African countries as well as invited South Korean companies.

Azania Post

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