Corporate Council on Africa to Host Major African Oil and Gas Forum

4 November 2002
Content from a Premium Partner
Corporate Council on Africa (Washington, DC)
press release

Washington, DC — The Corporate Council on Africa (CCA) will host the West Africa Oil & Gas Forum in Houston, Texas from November 19-20 at the Westin Oaks Hotel. The Forum will focus on oil & gas production and opportunities for the U.S. petroleum industry in West Africa. Assistant Secretary of State for Africa, Walter Kansteiner, will open the conference. West African petroleum ministers, senior level executives from major U.S. petroleum companies and other U.S. government personnel administering African policy will also attend the conference. The audience will include government and national petroleum company representatives from Angola, Cameroon, Chad, the Republic of Congo, Equatorial Guinea, Gabon, Ghana, Mauritania, Nigeria and Sao Tome & Principe, as well as U.S. oil and gas executives from throughout the nation.

Interest in West African oil and gas as a major source of energy for the United States continues to grow as national planners look to decrease dependence on Middle Eastern supplies. The region is vital to businesses in the U.S. petroleum industry as production, new discoveries, and exploration develop at a fast pace. Currently, the region supplies almost 15 percent of U.S. energy needs and imports are expected to rise to nearly 25 percent by 2005.

The West Africa Oil & Gas Forum will provide U.S. companies accurate guidance on the political and economic situations in the region as well as direction on related U.S. government policy. Plenary sessions will include: Energy, Infrastructure and Economic Development: A Public-Private Partnership for Economic Growth, African Oil and U.S. Priorities, and Risk Management in African Oil Investments. Individual country workshops will address petroleum and energy priorities; upcoming procurement and bloc biddings; and the regulatory environment.

Registration for the Forum is $500 for members of the CCA and $950 for non-members. For more information contact Christopher Alion at 202-835-1115 or by email at calion@africacncl.org. Online registration for the Forum can be found on CCA s website www.africacncl.org.

The Corporate Council on Africa, established in 1992, is a nonpartisan 501(c)(3) organization of nearly 160 American companies dedicated to strengthening trade and investment ties between the United States and Africa. CCA members represent nearly 85 percent of total U.S. private sector investments in Africa.

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