Thursday 20 June 2013

The Smart-Metering El Dorado


The Smart-Metering El Dorado



Africa is increasingly seen as the new El Dorado, the place to invest. Whether in oil, gas, infrastructure; the list is endless, and Smart-Metering is its newest addition. According to Navigant Research, Smart-Metering will total $461 billion in accumulative revenue in just the next seven years, reaching $73 billion in annual revenue by the close of 2020.

It is easy to see why. African nations, like Nigeria with a population of over 167 million, offer a huge consumer market. And the North African region is one of the leading emerging markets in smart grid development. Furthermore, not only does Smart-Metering in Africa make business sense, it grants African countries a chance to modernise their infrastructure.

On 26-27 September this year, national and international business leaders will be meeting in Cape Town, South Africa, for the Utilities, Smart-Metering & Grids Africa Summit. The 2-day event will allow industry professionals of the Electricity, Gas and Water Metering sectors to strengthen industry ties and seek out new business opportunities with a 2-day multi-streamed Conference, Exhibition, Networking Party and one-on-one Business Match-Making Service. Keynote speakers will discuss the most topical issues and the future of African metering. News of the latest opportunities, a wide-range of case studies on the latest developments in metering, billing and customer management presented by African Utilities, and case studies of the UAE, Kenya, South Sudan and Madagascar, amongst others, will also be available.

In recognition of excellence, Utility Awards and Solution-Providers Awards will be presented for Water Utility of the Year, Electricity Utility of the Year, Best roll-out award, Prepaid Meter Award and Versatility Innovation Award amongst others, judged by a panel of 6 Smart-Metering experts from from Utilities, Municipalities, Regulators and Government Organisations throughout Africa.

Sicelo Xulu, Managing Director, City Power (South Africa), Rojas Manyame, General Manager: Regulation, Electricity Control Board (Namibia) and Sam Amadi, Chairman, Nigerian Electricity Regulatory Commission (Nigeria) are just some of the top-level speakers that will be presenting at the event.

For further information on the 2013 Africa Utilities, Smart Metering & Grids Summit, 26-27 September, Cape Town, click here: http://www.smartmeteringafrica.com/


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World Oil and Gas Industry Leaders to Assemble in Azerbaijan, the Birthplace of Oil and Gas, to Discuss the Latest Developments and Opportunities in the Azerbaijan and Caspian Region.


Thought to be the oldest oil-producing region in the world, it is unsurprising that

“Today, offshore Caspian has become one of the world's leading hydrocarbon provinces”.

Just 120km off the coast of Azerbaijan, the Azeri-Chirag-Gunashli (ACG) field contains 5.4 billion barrels of recoverable oil. In January 2012, Azerbaijan was estimated to hold proven crude oil reserves of around 7 billion barrels and 30 trillion cubic feet of natural gas as of January 2011.

Regional investment of pipelines and the offshore oil and gas fields has led to economic and social development across the region. Yet, not only are there clear socio-economic benefits, but political advantages too. The region's energy potential has resulted in increased co-operation between the Caspian nations. From Ukraine and Azerbaijan, Azerbaijan and Russia and Turkey and Azerbaijan, political ties are being strengthened.

International investors have been quick to note the region's potential. BP has major investments in the Caspian and is part of the AIOC (Azerbaijan International Operating Company).

“The total amount of foreign capital in Azerbaijan in direct investments hit $1.4 billion in January-March 2013. The share of the oil and gas sector stood at 83.2 percent.”


In the same period,

“In January-March 2013, Azerbaijan exported $7.4 billion worth of petroleum products. The share of refined oil products totalled $0.4 billion, while oil exported by the country was worth $7 billion.”

Azerbaijan is not the only nation to exploits its rich resources. Its neighbours have followed suit. By 30 June this year, Turkmenistan, which holds the world's fourth largest natural gas reserves, hopes to begin production at the second-largest gas field worldwide, Galkynysh. Cline & Associates estimates Galkynysh reserves to hold between 13.1 trillion to 21.2 trillion cubic metres. If successful, Turkmenistan's increased exports would help Europe to lesson its energy dependence on Russia.

These matters and much more will be discussed in the 3-day Azerbaijan and Caspian Sea Oil & Gas Week 2013. This Summit aims to bring together some of the world's leading industry players to discover the latest investment opportunities and strengthen industry ties. Delegates will include Energy ministers, senior Oil and Gas company representatives, Contractors, Service Companies and Solution-providers, and is therefore an event not to be missed. Speakers will be addressing the Caspian energy industry's most topical issues, including: Current Pipeline and Infrastructure Projects, Future Gas Storage and Pipeline Projects, Exploration and Production Developments in the Shah Deniz Field and Underwater and Deep-Sea Technology Focus as well as a series of Case studies.

Furthermore, delegates will have the chance to attend a Multi-Streamed Conference, Networking Evening, and 40 booth interactive exhibition, all in the comfort of the five-star venue in Baku. A Business Match-Making Service will also be on offer to arrange one-on-one meetings between delegates.

Christian Giudicelli, General Manager, Total E&P Azerbaijan; Okan Yardimci, Energy Expert, Energy Market Regulatory Authority Turkey (EMRA); Gulmira Rzayeva, Leading Research Fellow, Energy Related Issues, Center for Strategic Studies under the President of the Republic of Azerbaijan; Vadim Ceban, Interim Head of Energy Department, The Ministry of Economy Commerce (Moldova) and a Senior Representative, European Bank of Reconstruction & Development (Azerbaijan), are just some of the industry experts that will be speaking at the event.

For further information just click here:http://www.azerbaijansummit.com/

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