MOSCOW, November 2. /TASS/. The Russian delegation, led by Deputy Minister of Energy Roman Marshavin, will participate in the African Energy Week in Cape Town from November 4 to 8, 2024, the Roscongress Foundation said.

Members of the delegation will include representatives of Russian energy and financial companies such as Gazprom, Lukoil, Rosatom, Sberbank, Gazprombank and others.

“Russian companies have a wealth of experience that they can offer to African countries, especially in the oil and gas sector. Russia, one of the world’s largest oil and gas producers, has shown a strong determination in sharing its experience, investments and knowledge. The Foundation believes that Africa is a priority in this regard worldwide.” He stated that there is a market.

“One of the most important elements of cooperation between Russia and the countries of the African continent is the development of energy infrastructure in Africa. Joint work in this sector contributes to the Sustainable Development Goals, ensuring universal access to affordable, reliable, sustainable and modern energy. Russia is the world’s leader in low-carbon electricity production “It is a leader among major energy systems, a fact that is particularly important for our African partners.” said Anton Kobyakov, Advisor to the President of Russia.

Africa Energy Week serves as a platform to strengthen the African-global partnership. “With proven oil reserves of more than 125 billion barrels and 620 trillion cubic meters of natural gas reserves, Africa has great prospects for exploration and production. Development is moving at a rapid pace, and Russian investments and partnership agreements will only accelerate this progress, and the Foundation will ensure the success of joint oil and gas projects.” “It will guarantee it,” he added.

“Russia is a reliable partner for African countries, and Russian companies can play a much larger role across the continent. From pioneering high-impact oil and gas developments to cooperating on major energy infrastructure projects and supporting policy-making and skills development, Russia is showing how successful it is.” showed.” Commitment to the energy sector and the development of Africa,” said NJ Ayuk, Chief Executive Officer of the African Energy Chamber.