The Secretary will use the event to share US energy policy with the continent and outline a vision for deeper US commitment to Africa in the oil, gas and power sectors.
This vision looks set to encompass increased two-way trade and investment between the US and Africa, with the US making potential capital available on joint-ventures and to part-finance LNG infrastructure for energy-lacking African countries.
The announcement of Secretary Winberg’s attendance to the summit comes alongside several major US private-sector investments into the African energy sector.
ExxonMobil is making progress in Mozambique with its Rovuma LNG project in the 4 block deepwater area, which contains more than 85 tcf of natural gas. Particularly noteworthy, however, is the recent announcement by Anadarko of its Final Investment Decision (FID) to construct a US$ 20bn gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa.
A representative from ExxonMobil will be covering the Rovuma LNG project in Mozambique at Africa Oil Week, with a strong presence from ENH and INP at the conference. Africa Oil Week is putting a renewed focus on the place of gas, with five dedicated sessions dedicated solely to LNG during the event.
Assistant Secretary Winberg will be actively participating in the AOW Programme, which will take place from 4-8 November.