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Roundtable on Benefits of Natural Gas for Population and Economy held in South Africa

The International Roundtable titled “The Benefits of Natural Gas for the Population and the Economy” was held on Thursday 22nd June 2023 in Johannesburg (South Africa).

The event took place under the auspices of the African Energy Chamber with support from Gazprom.

H.E Ilya Rogachev, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the SAR and concurrently to the Kingdom of Lesotho, Dmitry Khandoga, Head of Department at Gazprom, NJ Ayuk, Chairman of the African Energy Chamber, as well as representatives of the business community, energy experts and journalists from across the African continent participated in the Roundtable.

The participants discussed the role of natural gas in the sustainable development of Africa, noting that most African countries continue to face the problem of energy availability with their energy consumption significantly below the world average. 

It is estimated that Africa will generate over 60% of the global population growth by 2050. Taking into account the current urbanization trend, the region is expected to experience significant economic growth, which will be accompanied by a two-fold increase in energy consumption. In particular, the demand for natural gas will increase by 2.5 times.

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It was highlighted at the event that an increase in natural gas production would help meet the growth in gas demand on the African continent. However, as of today, the bulk of gas produced in Africa is exported abroad. For instance, every third person in Nigeria, the largest African LNG exporter, has no access to energy. This is why it is the availability of energy for the industry and population that will be of primary importance for Africa’s dynamic development.

The participants of the Roundtable discussed the benefits of using natural gas as compared to other types of energy sources. It was noted that air pollution is a major concern for the continent. According to the statistics, polluted air is among the leading causes of premature deaths on the continent. This problem can only grow bigger over time. It was highlighted that all areas of activities making the biggest contribution to air pollution can be effectively addressed through the use of natural gas.

The potential role of gas in solving the food problem was also highlighted at the event. Besides the fact that the use of gas does not require large areas for electric power generation and does not lead to the reduction of cropped agricultural areas, gas is also a valuable raw material for the production of fertilizers which make it possible to significantly increase crop yields.

Presentations were delivered at the Roundtable by the representatives of Gazprom and the Gazprom Group companies, namely, Gazprom Gazifikatsiya, Gazprom Energoholding and Gazprom Helium Service. Their presentations provided information about the activities of Gazprom and the extensive scope of the Company’s competencies along the entire value chain of the gas business.

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“Considering that the Government of the Republic of South Africa pursues the economic decarbonization policy, gas can become an effective solution to satisfy the demand for energy, as renewable energy sources cannot provide uninterrupted energy supplies. Therefore, I believe that Gazprom’s experience in natural gas liquefaction and gas pipeline construction projects can be of interest to our South African partners,” Ilya Rogachev added.

“Wider use of natural gas will help Africa solve a number of problems, from economic to social and environmental ones. We are confident that it is essential for Africa to discover all the advantages brought about by this type of fuel. We see potential in cooperation with African countries and we can offer them our unique expertise and our experience in technology. Gazprom is open to discuss constructive and mutually beneficial proposals which could facilitate economic development and improve the lives of people in African countries,”  Dmitry Khandoga said.

“More than 600 million people in sub-Saharan Africa do not have electricity. And 900 million people, most of them women, do not have access to clean cooking technologies – these technologies are either absent or there is a lack of them. Even if we look at this single problem alone, we see that it makes sense to use the rich gas resources of the continent. As Africa needs industrialization, the use of affordable and abundant natural gas will encourage the creation of a significant number of jobs, as well as possibilities for the strengthening of potential, economic diversification and growth,” NJ Ayuk added.

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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.

Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.

He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.

“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.

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President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.

He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.

He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.

“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.

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Source: Myjoyonline.com

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Prophet Courage Heavens set to launch ‘Predestination’ book on March 23

Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.

The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.

The book is aimed at addressing the way people struggle to understand how free will and destiny align.

It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.

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The various chapters of the book address various issues through scriptures and personal stories.

Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.

CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.

Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.

In addition, he has written seven more prophetic and life-changing books that are yet to be published.

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He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.

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