South Africa's South African National Petroleum Company (SANPC) to Showcase Strategic Vision at Invest in African Energy (IAE) 2025
South Africa's newly established South African National Petroleum Company (SANPC) will host an investor roadshow at the Invest in African Energy (IAE) Forum in Paris this May, highlighting its strategic vision and the more than R95 billion in untapped market and investment opportunities in South Africa's oil and gas sector. Under the theme "South Africa's Energy Future: A New Age State Entity," the presentation will be led by SANPC CEO Godfrey Moagi, following the company's official launch, scheduled for April 2025.
With a clear mandate to promote energy independence and diversification, SANPC is set to drive large-scale investments in the oil, gas and clean energy sectors. SANPC's strategy includes ring-fencing all non-functioning assets, identifying assets that can be moved to the NOC and ensuring these assets can be traded and utilized effectively. At the IAE 2025, delegates will gain an exclusive look into SANPC's far-reaching goals, including the creation of a state-backed energy company that will enhance the country's energy security, facilitate the transition to cleaner energy sources and create employment opportunities for the nation's youth.
IAE 2025 (https:// apo-opa.co/4h81CCe) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
SANPC's strategic vision aligns with South Africa's National Development Plan, which outlines the country's goals to expand access to affordable, reliable energy while navigating the energy transition. The creation of SANPC marks a bold step toward achieving these objectives, acting as a catalyst for new ventures, partnerships and large-scale infrastructure projects. As South Africa's energy landscape undergoes reform, SANPC aims to drive the rapid deployment of new projects while adhering to the highest sustainability standards and fostering regional integration in oil and gas.
SANPC's participation at IAE 2025 is part of the company's series of investor roadshows, first launched at the African Energy Week: Invest in African Energies 2024 conference in Cape Town. These roadshows support the company's commitment to attracting foreign investment and offer stakeholders the opportunity to engage with SANPC leadership, while gaining insight into the company's vision for an energy future that fosters both economic and environmental sustainability.
Distributed by APO Group on behalf of Energy Capital&Power.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
28-05-2025
- Zawya
South Africa: SANPC is open for business, Mantashe
The South African National Petroleum Company (SANPC) is open for business and ready for investors. The South African National Petroleum Company (SANPC) is open for business and ready for investors, says Minister of Mineral and Petroleum Resources, Gwede Mantashe This is according to the Minister of Mineral and Petroleum Resources, Gwede Mantashe, who delivered remarks at the official launch of SANPC in Johannesburg, on Friday. The new state-owned enterprise (SOE) is an amalgamation of PetroSA, the South African Gas Development Company (iGas) and the Strategic Fuel Fund Association. It is aimed at enhancing South Africa's energy security, reducing dependence on imported petroleum products and ensuring more effective management of the country's petroleum assets. Energy security 'The real issue is ensuring energy security in the country. In the wake of evolving global trends, including the push to shift away from fossil fuel usage, the SANPC is expected to operate in an increasingly volatile, unpredictable and polarised world. 'The local refining capacity is also quite critical. Reviving PetroSA is important, SAPREF is important and therefore, if there are people who want to partner with us… we are open for business, we are open for partnerships, and we are open for people who want to invest,' he says. The minister highlighted that the demand for fossil fuels is expected to grow, despite the 'shift in demand towards cleaner sources of energy production'. 'To this end, the SANPC is expected to oversee strategic planning, coordination, and governance of the country's petroleum resources, and thereby contribute to the country's sustainable development and inclusive economic growth. 'For the entity to generate revenue for self-sustainability and sufficiency, it must take advantage of the strategic partnerships and national capabilities in the energy industry to champion energy supply and investment in associated infrastructure,' he says. Good governance and leadership The minister emphasises the need for good governance and leadership at the SOE. 'To enable the entity to deliver on its mandate, we had to ensure good governance, and in so doing, reduce both the operational and financial risks; hence, we swiftly appointed the board of directors, an interim CEO, as well as the non-executive directors in April last year. 'Since then, tremendous work has been done in winding down the outstanding matters and getting governance arrangements going. 'For the entity to succeed, it must have a strong leadership with vision, common objectives, and the ability to develop managerial capacity. "It is equally important for all employees to foster a new culture and a sense of community that encourages collaboration and teamwork as well as transparent and honest communication. 'A task at hand for all of us is to ensure that the entity remains financially sustainable and independent in order to fulfil its developmental mandate,' Mantashe concludes.
Al Etihad
27-05-2025
- Al Etihad
Thani Al Zeyoudi participates in inaugural ASEAN-GCC-China Economic Forum in Kuala Lumpur
27 May 2025 18:34 KUALA LUMPUR (WAM)The UAE, represented by Dr Thani Al Zeyoudi, UAE Minister for Foreign Trade, participated in the inaugural ASEAN-GCC-China Economic Forum in Kuala Lumpur, Zeyoudi underscored how greater collaboration across Asia can accelerate growth, drive innovation and consolidate the region's rise a global economic power. He also reaffirmed the UAE's commitment to building strong trade and investment partnerships across the world and that the future-focused nations of Asia were natural partners in these and business representatives from 17 nations gathered in the Malaysian capital to exchange views on how they work together to navigate today's complex economic and geopolitical Zeyoudi said the Forum offered the chance for attending nations to align their economic visions to achieve strong growth, "By deepening our connections and exploring avenues of mutual interest, the GCC, China and ASEAN bloc can not only maintain our own upward growth trajectories but become the driving force of the global economy. "Our foreign trade policy has been designed to bring our economy closer to the markets of Asia and together we can increase the flow of goods and services between us, support vital infrastructure projects, share knowledge, and accelerate innovation. This forum has underlined the depth of this potential – and created the platform to help the nations of our high-growth regions realise it," he UAE enjoys positive trade and investment ties with nations across Asia, including the ASEAN bloc. The UAE has concluded Comprehensive Economic Partnership Agreements (CEPAs) with Indonesia, Cambodia, Vietnam and Malaysia, helping to propel the UAE's non-oil foreign trade with ASEAN countries to $37.7 billion in 2024, a growth of 4.2% compared to 2023 and 16.8% more than in countries accounted for 4.6% of the UAE's total non-oil trade with the world in 2024, and 11.3% of the UAE's trade with non-Arab Asian countries.|The UAE also enjoys has strong trade and investment links with China. The total value of UAE–China non-oil trade reached $90.1 billion in 2024, reflecting a growth of 4% compared to 2023, and increases of 16.5% and 48% compared to 2022 and 2021, remained the UAE's top trading partner in 2024, accounting for 11% of the UAE's total non-oil trade with the Forum, held in conjunction with the inaugural ASEAN-GCC-China Summit, 2nd ASEAN-GCC Summit and 46th ASEAN Summit, brought together leaders and representatives from China, the ten Association of South East Asian Nation nations – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam - and the six Gulf Cooperation Council nations – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the these countries are home to more than two billion consumers, and account for over 20% of the world's GDP.
Al Etihad
24-05-2025
- Al Etihad
FNC highlights legislative role of parliaments in ensuring fair, ethical use of AI at Marrakesh Economic Parliamentary Forum
24 May 2025 22:53 RABAT (WAM)The UAE participated in the Third Marrakesh Economic Parliamentary Forum, organised by the Parliamentary Assembly of the Mediterranean (PAM) and hosted in Marrakech by the House of Councillors of the Kingdom of Morocco. Convened under the overarching theme 'Unprecedented Economic, Trade and Energy Challenges – The Response of Regional Parliaments and the Private Sector,' the Forum brings together high-level parliamentary representatives, government officials, and private sector stakeholders from across the Euro-Mediterranean and Gulf Ali AlAdidi, member of the Federal National Council (FNC) Parliamentary Division, took part in the third session, entitled 'Artificial Intelligence and its Governance: Strengthening Parliamentary Awareness in AI Development, Applications and Regulation', which address the challenges of emerging examined options for the creation of an international AI treaty, assess AI's impact on labour markets and ethics, and explored the creation of a regional advisory body to improve coordination among institutions and promote responsible her intervention, AlAdid emphasised the importance of organising dialogue sessions and parliamentary seminars aimed at members of national parliaments to explain the concepts of AI and underscore the need for legal frameworks that ensure its safe and responsible stressed the significance of strengthening partnerships with educational and media institutions to launch awareness initiatives designed to raise public understanding of AI's impacts, reaffirming the legislative role of parliaments in ensuring the fair and ethical use of such also highlighted the UAE's initiatives and projects in developing AI technologies, considering it a cornerstone in building an advanced knowledge-based economy driven by innovation and modern this context, she pointed out that the UAE is the first country in the Middle East to adopt a law mandating the integration of artificial intelligence into the national curriculum, starting from the 2025–2026 academic year. This step is part of a comprehensive national vision aimed at preparing a generation that is well-versed and empowered with future-ready tools, contributing to the foundations of sustainable development and enhancing the country's competitiveness in the decades to come.
