S. Sudan Petroleum Minister will discuss trade restrictions between the US and S. Sudan in Washington.
The African Energy Chamber’s (AEC) US-Africa Committee will present a Power Breakfast on Thursday 16th December 2021 at The Army And Navy Club 901 17th St NW, Washington D.C., with Hon. Puot Kang Chol, the Minister of Petroleum for the Republic of South Sudan, in attendance.
The Minister will emphasize opportunities for US investment in South Sudan’s oil, gas, and energy sectors. The talk will be moderated by Jude Kearney, Managing Partner of Asafo US, Dean Foreman, Chief Economic Officer of the American Petroleum Institute, Dr. Sara Vakhshouri, founder and president of SVB Energy International, and Derek Campbell, Executive Chairman of African Metals Group.
With South Sudan’s future licensing cycle expected to enhance exploration and production, the role that U.S. energy corporations play in ensuring the country’s economic advancement is crucial to the sector’s development.
The interaction of oil companies among the country’s various 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 discussed at the event.
The Power Breakfast will enable the Minister to address climate change and energy poverty in South Sudan, as well as offer updates on oil field licenses, services, and accomplishments in the country.
They will also give insight into the country’s experiences with US sanctions, especially the impact such limits have on its attempts to entice new investment in the African nation.
During the breakfast, there will be important discussions about the restrictions on trade and business between the United States and South Sudan in the energy sector, with the Minister calling for improved technology and innovation to optimize and modernize a vitally important sector in East Africa’s sole oil producer.
“This meeting underlines the critical and lucrative role that US firms can play in building African nations through their varied energy sectors,” Mr. Kearney added.
He went on to say 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 its natural resources as a vital transitional energy source while repositioning the US as a primary partner for South Sudan’s energy development and maintaining Africa’s commitment to the energy transition.”