The U.S.-Africa Committee of the African Energy Chamber’s (AEC) will host a Power Breakfast on Thursday 16th December 2021 at The Mayflower Hotel, Autograph Collection, Washington D.C., from 08:30 – 10:00 AM featuring the participation of Hon. Puot Kang Chol, the Minister of Petroleum for the Republic of South Sudan.
The Minister will discuss opportunities for U.S. investors in South Sudan’s oil, gas, and energy sectors. The discussion will be driven by Jude Kearney-Managing Partner, Asafo US, Dean Foreman, Chief Economic Officer of the American Petroleum Institute, Dr. Sara Vakhshouri, founder and president of SVB Energy International, and C. Derek Campbell, Executive Chairman of African Metals Group.
With South Sudan’s upcoming licensing round expected to drive exploration and production, the role that U.S. energy companies play in ensuring the growth of the country’s economy is key to developing the sector. The interaction of oil companies amongst the country’s different communities, the contribution of oil and gas to the country’s society and economy, the expansion and innovation of the industry brought about by US investment and the positive role of local participation and job creation will be key highlights touched upon at the event.
The Power Breakfast will permit the Minister to discuss climate change and energy poverty in South Sudan and to provide updates on oil field licenses, services, and developments in the country. They will also provide insight into the country’s experiences with U.S. sanctions, including the impact that such restrictions have on their effort to promote greater investment into the African nation. During the breakfast, there will be important discussions on the restrictions on trade and business between the U.S. and South Sudan in the energy sector, with the Minister calling for enhanced technology and innovation so as to optimize and modernize a vitally important sector in East Africa’s only oil producer.
“This meeting reflects the critical and lucrative role that U.S. companies can play in building African nations through their respective energy industries,” stated Mr. Kearney. (Mr. Kearney is also the former United States Deputy Assistant Secretary of Commerce for Services Industries and Trade Finance, appointed by President Bill Clinton.) He added that “there are opportunities in South Sudan and Africa to advance the agenda of sustainability, opportunities that may serve to solidify the continent’s long-term goals of using it natural resources as a vital transitional energy source while repositioning the U.S. as a primary partner for South Sudan’s energy development and maintaining Africa’s commitment to the energy transition.”