Africa: The Russians are coming!

Recent new oil and gas discoveries all over Africa are attracting
investors and developers from around the world. Russia is the latest
country to show an active interest in the continent’s oil and gas
industry. The country will be sending a trade delegation to attend Oil
& Gas Africa 2012, which takes place from 13 to 15 March at the Cape
Town International Convention Centre. This is the first time these
companies and organisations will attend the show.
The high-level Russian group will consist of chief executive officers,
chief technology officers and policymakers who intend exploring
opportunities on the subcontinent. The Russian delegation represents a
wide range of industries related to the oil and gas sector including
petro-physical research and engineering, industrial design,
construction, security, underwater engineering and construction, event
management and diplomacy. Representatives from the Russian Trade
Council, Embassy and Ministry of Economic Development, will be part of
the delegation.
“We are hoping to increase international collaboration, expand
investment and explore the potential for technology sharing and
technology exchange, particularly in Southern Africa,” says Daniel
Katzenellenbogen, Managing Partner of Avanture, a venture management
consultancy based in Stockholm.
“With its excellent infrastructure and existing industry readiness,
the region offers new potential investment channels, growth
opportunities and a platform for demonstrating new technology,” says
Katzenellenbogen. “We will also be participating in a forum to discuss
potential opportunities for Russian companies in Southern Africa.”

The forum also aims to expand collaboration and investment in both
directions and promote technology sharing and exchange between the two
countries. It will initiate new business relationships between Russian
and South African participants, and illustrate the region’s business
climate and the opportunities it presents, such as collaborative
research, new technologies and new investment channels, particularly
in clean energy and gas to liquids.

“We plan to make this an annual event and bring an even larger Russian
delegation next year,” concludes Katzenellenbogen.

About Oil & Gas Africa 2012

Oil & Gas Africa is an industrial exhibition for suppliers and service
providers to the upstream oil and gas industry, organised in
association with the South African Oil and Gas Alliance and the South
Africa Agency for the Promotion of Petroleum Exploration and
Exploitation.

For more information contact Sean Manson of Fair Consultants on: (021)
713-3360. E-mail: events@fairconsultants.com
¬¬¬¬¬¬¬¬¬¬¬¬ Website: www.fairconsultants.com