The Republic of Sudan has expressed interest in joining the African Petroleum Producers’ Organization (APPO). This was expressed by the Minister of Energy and Petroleum, Eng. Mohammed Abdalla during the celebration of the 25th anniversary of the Sudan National Petroleum Company (SUDAPET).
Responding to an invitation to join APPO by the President of APPO, His Excellency Samou Seïdou Adambi and delivered by APPO’s Secretary General, Dr.Omar Farouk Ibrahim, Eng. Mohammed Abdalla assured APPO that Sudan will join APPO Member Countries to work together for the benefit of African countries.
Dr. Omar Farouk Ibrahim, a guest of honor at the event, in a speech articulated APPO’s position on the current Energy Transition. He emphasised that the energy transition as currently being pushed by the developed nations represents a serious threat to African economies. He told the audience that a major study conducted by APPO on the Future of Africa’s Oil and Gas Industry in Light of the Energy Transition identified four imminent threats namely finance, technology, manpower and infrastructure.
On finance, Dr Ibrahim disclosed that APPO is partnering with Afreximbank to create the African Energy Bank (AEB) which will provide financing for energy projects on the continent as foreign markets are withdrawing funding while our technology is not developed. APPO Secretariat he further said is currently identifying training institutions in selected APPO countries that could become regional centres of excellence in oil and gas. On infrastructure, APPO he also said is working to create the energy infrastructure needed to move energy from areas of abundance to areas of need like the Central Africa Pipeline System.
