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Mr. Gabriel Aduda, Permanent Secretary, Ministry of Petroleum Resources, says resilience and sustainability policies are crucial for the long-term success of energy companies operating in Africa.
Aduda said this at the Africa Energy Forum event on Wednesday in Houston, Texas, United States of America.
He said that energy companies that operate on the African continent face a unique set of challenges in the wake of the ongoing transition to a more sustainable and resilient energy system.
According to him, these challenges include meeting growing energy demand, reducing the carbon footprint of their operations, and adapting to the effects of climate change.
“To address these challenges, energy companies are developing resilience and sustainability policies that aim to ensure the long-term viability of their operations.
Global Business Drive reports that the Africa Energy Forum has the theme; “Building Resilience in Africa’s Energy Sector in the Era of Energy Transition”.
He said that energy companies that operate on the African continent face a unique set of challenges in the wake of the ongoing transition to a more sustainable and resilient energy system.
According to him, these challenges include meeting growing energy demand, reducing the carbon footprint of their operations, and adapting to the effects of climate change.
“To address these challenges, energy companies are developing resilience and sustainability policies that aim to ensure the long-term viability of their operations.
“This includes measures such as upgrading equipment, improving insulation, and implementing energy management systems.
“Energy companies are implementing environmental management systems to reduce the impact of their operations on the environment.
“This includes measures such as waste management, emissions reduction, and biodiversity conservation,” Aduda explained.
He said that energy companies were increasingly recognizing the importance of social responsibility in their operations.
“This includes measures such as upgrading equipment, improving insulation, and implementing energy management systems.
“Energy companies are implementing environmental management systems to reduce the impact of their operations on the environment.
“This includes measures such as waste management, emissions reduction, and biodiversity conservation,” Aduda explained.
He said that energy companies were increasingly recognizing the importance of social responsibility in their operations.
“In addition to these specific policies, energy companies are also working to build partnerships with other stakeholders, including governments, NGOs, and local communities,” he added.
Aduda said that to address the unique challenges of the African energy market, the collaborative approach was essential to building a more sustainable and resilient energy system that could support economic growth and development in the region.
“African integration is key at this point and Africa must define its own path, draw up its own energy transition agenda, and must not be forced along with the bandwagon.
“Fossil fuels will still be relevant for decades to come and Africa can only commit to cleaner processes of extraction and production.
