Petroci MD Discusses Gulf of Guinea Investment Opportunities

Tuesday, October 22, 2013

Daniel Gnangni, MD of PETROCI discusses the investment opportunities in the Gulf of Guinea region & more

CWC Group recently caught up with Daniel Gnangni, Managing Director of PETROCI to ask his opinion on the upcoming Gulf of Guinea Conference; the most promising opportunities in the Gulf of Guinea’s hydrocarbon industry; the impact of an unstable international gas market on the Gulf of Guinea and priorities for PETROCI.

Gnangni says “Everything highlights the fact that the eastern part of the Gulf of Guinea represents the majority of the African production and offers the best opportunities in the upstream oil sector (…) The western part of the Gulf of Guinea, from Benin and Guinea through to the Ivory Coast and Ghana, also boasts several opportunities for exploration. The potential of this sub-region was highlighted by recent promising discoveries in Ghana, the Ivory Coast, Liberia and Sierra Leone. The geological similarities with Latin America, combined with the recent discoveries made off the coast of Brazil, reflect the attraction of these regions in terms of exploration investment opportunities.”
The full interview can be downloaded on Gulf of Guinea Gas Conference website: http://www.cwcgog.com/exclusive-interview-daniel-gnangni/

Regional energy Ministers will be joining the debate on exploration and production, gas market dynamics, regional collaboration and gas as an economic driver for the region.

Confirmed speakers to date include:

• H.E. Adama Toungara, Minister of Petroleum & Energy, Côte d’Ivoire
• H.E. Gabriel M Obiang Lima, Minister of Mines, Industry & Energy, Equatorial Guinea & President, APPA
• H.E. Basile Atangana Kouna, Minister of Energy & Water, Republic of Cameroon
• H.E. Foumakoye Gado, Minister of Energy & Petroleum, Republic of Niger
• H.E. Crispin Atama Tabe Mogodi, Minister of Hydrocarbons, Democratic Republic of Congo
• Dr Kandeh K. Yumkella, Special Representative, Secretary General (SRSG) & CEO, Sustainable Energy for All
• Dr Ibrahima Diaby, Managing Director of Hydrocarbons Ministry of Petroleum & Energy, Côte d’Ivoire
• Daniel Gnangni, Managing Director, PETROCI
• Jérôme Ferrier, President, International Gas Union
• Charles Alfred Sockath, Joint Managing Director responsible for Upstream, SNPC (Société Nationale des Pétroles du Congo)
• Milko Binza Moussirou, Assets Operation Director, Gabon Oil Company
• Eng Charles A. Osezua, KSG, OON, Chairman/CEO, Owel-Linkso Group Ltd.
• Ntufam Fidelis U. Ugbo, Esq, Secretary to the Commission, National Planning Commission, Nigeria
• Dr Sam Amadi, Chairman/CEO, Nigerian Electricity Regulatory Commission (NERC)
• Serapio Sima Ntutumu, Deputy Director General, SONAGAS G.E.
• Michael Pace, Country Manager, Anadarko Petroleum Company

The event will bring together more than 300 top executives, decision-makers and leaders in the field from countries around the region and internationally. It provides an unrivalled opportunity to network and participate in a variety of meetings and discussions regarding the industry’s future. This year’s event will have a special focus on the Gulf of Guinea’s hydrocarbons industry and will examine options of gas monetisation, future intra-regional collaborative projects and the role of gas as an economic driver for the region.

For more information on Gulf of Guinea Oil & Gas Conference please visit www.cwcgog.com

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