The African Energy Chamber (AEC) has announced that Viktor Zubkov, will deliver a keynote address at the African Energy Week (AEW) conference and exhibition, taking place from 18 – 21 October in Cape Town.
Zubkov is Russia’s Special Presidential Representative for Cooperation with the Gas Exporting Countries Forum (GECF) and also Chairman of the Board of Directors of state-owned energy company, Gazprom.
Representing one of the world’s largest and most established oil and gas markets, the participation of Zubkov at the AEW event will be crucial for shaping discussions around the key role which the continent’s massive yet largely unexploited hydrocarbon resources play in pushing away energy poverty while triggering newfound socioeconomic growth.
As the Chairman of Gazprom’s Board of Directors since 2008, the Russian has played an instrumental role in expanding Russia’s petroleum industry as well as ensuring global energy security by leading both Gazprom and his country in a series of exploration, production, infrastructure development and energy monetization initiatives in partnership with global investors and governments.
As a result, Russia today boasts the world’s largest oil and gas reserves and represents the biggest exporter of natural gas worldwide.
With Africa seeking to maximize the production and exploitation of its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas reserves to make energy poverty history by 2030 while driving socioeconomic growth and energy security, cooperation with global parties on knowledge sharing, project financing and infrastructure development has and will continue to be critical.
In this regard, as the leading voice of the African energy sector, the AEC says it is committed to facilitating improved cooperation between African hydrocarbon-producing countries and their global counterparts, with AEW 2022 providing the best platform for discussions to be held and deals to be signed between Russia and African countries.
With factors such as energy transition-related policies disrupting the growth of Africa’s oil and gas industry, Zubkov is expected to share best practices for Africa to navigate through these challenges and seize industry-related economic growth and energy security opportunities.
Having served as Russia’s First Deputy Finance Minister in 2001 and as the 36th Prime Minister of Russia, Zubkov represents the ideal stakeholder to shape critical dialogue around energy, finance and strategic bilateral partnerships.
As energy producers in Africa ramp up exploration and production, and other emerging role-players kickstart large-scale developments continent-wide, companies such as Gazprom and countries of Russia’s calibre represent key partners for Africa in 2022 and beyond.