Hydrocarbons: African Petroleum Producers Organization (APPO) countries agree to step up cooperation

ALGIERS- Member countries of the African Petroleum Producers Organization (APPO) agreed, on Thursday, to step up cooperation actions to achieve better energy coverage in the continent and to engage in energy transition projects, indicated the Minister of Energy and Mines, Mohamed Arkab.

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Hydrocarbons: African Petroleum Producers Organization (APPO) countries agree to step up cooperation

ALGIERS- Member countries of the African Petroleum Producers Organization (APPO) agreed, on Thursday, to step up cooperation actions to achieve better energy coverage in the continent and to engage in energy transition projects, indicated the Minister of Energy and Mines, Mohamed Arkab.

Speaking at the end of the work of the 40th extraordinary session of the Council of Ministers of APPO, Arkab affirmed that the member countries have decided to step up cooperation and collaboration actions to make energy available to the 600 million Africans deprived of these resources.

“The African continent is lagging behind in terms of energy transition and the use of renewable energies. It is for this reason that we have set objectives and actions that we should carry out to effect a real change in our energy systems”, he added.

In this context, Arkab specified that Algeria, which holds the presidency of the Council of Ministers of APPO during the year 2021, will, soon, initiate several coordination actions with member countries to develop the energy sector in the continent.

“Algeria remains the best country in Africa in terms of electricity coverage with a rate of 99% and connection to natural gas with a rate of around 62%. All other energy products are also available in order to satisfy domestic demand, such as fuels.

These energy capacities are revealing and allow us to work with other African countries “, underlined the Minister of Energy and Mines.

During this meeting, other points were examined by the member countries of APPO, in particular the validation of a study to assess the impact of Covid-19 and the decisions of Cop 21 on the oil industry and African gas company, Mr. Arkab, also, reported.

Created in 1987, APPO brings together 15 member countries, namely; Algeria, Angola, Benin, Cameroon, Congo, Ivory Coast, Gabon, Niger, Nigeria, Chad, Republic Democratic of Congo, Egypt, Equatorial Guinea, Libya, South Africa, and three observer countries, namely: Sudan, Ghana and Mauritania.

This African intergovernmental organization aims to promote common policy and management strategy initiatives in all areas of the petroleum industry (upstream and downstream) in order to enable member countries to benefit from exploitation activities of oil.

RadioAlgerie

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