DRC Oil & Gas Forum to focus on risks, rewards

Companies planning to venture into the Democratic Republic of Congo (DRC) oil & gas sector will have a chance to understand the level of risks and opportunities in a major forum that will be addresses by Dr Amy G. Lehman, founder and CEO of the Lake Tanganyika Floating Health Clinic (LTFHC).

During the upcoming iPAD DRC Oil & Gas Forum in Kinshasa, Dr Lehman will present a white paper on ‘From Curse to Cure: a special report on the impact of energy exploration and production in the Lake Tanganyika Basin’, as part of discussions on the infrastructural and environmental challenges and concerns surrounding the hydrocarbons sector.

“This is a very high risk, potentially high reward moment for the DRC,” says Dr Lehman about the effects of the burgeoning oil and gas industry in the country.

DRC Minister of Hydrocarbons, HE Crispin Atama Tabe, will head a high-level line-up of government and industry expert speakers and will open the forum that will take place from 10-11 September.

According to Dr Lehman, intelligent, strategic, future-focused cross-sectoral partnerships will be key drivers towards the successful development of the petroleum sector in the country, has witnessed years of civil conflicts.

“The purpose of our white paper is to bring to the fore all of the most crucial issues that can either lead to more positive, risk-mitigated, benefits maximized outcomes or can point to potentially irreversible and devastating consequences if not appropriately manage,” he said.

LTFHC has been helping the communities that live around the lake basin for over five years. Working toward the ultimate goal of a fully operational floating regional hospital, the organisation has already served hundreds of thousands of Congolese and Tanzanians by completing a number of outreach programs focused on the most urgent local challenges.

“Water-based healthcare is not only the fastest and most efficient option in this region, it is also extremely cost effective. Being mobile, the clinic has the capacity to serve many lakeside communities in all four riparian countries,” she said.

She added the extractive industry can be a crucial partner in countries like the DRC but a long-term plan is essential. In essence, there is a need for much closer and strategic collaboration between companies, governments and civil society/NGOs to create win-win-win circumstances that are durable as well as evolve over time as circumstance change and hopefully improve.

DRC is considered to hold considerable crude oil reserves, which are mainly located in Bas-Congo along the Atlantic Ocean coastline, the Central Basin, the Albertine Graben and the Tanganyika Graben.

Industry stalwarts Perenco Rep and Mico, Chevron, Baker Hughes, Clarke Energy, Schlumberger and Cohydro are some of the companies that have confirmed their participation.

The event is organised by Spintelligent, leading Cape Town-based trade exhibition and conference organiser, and the African office of Clarion Events Ltd in the UK.

Event dates and venue:

Conference:  10-11 September 2014
Venue: Kempinski Fleuve Congo Hotel, 119 Boulevard Tshatshi, Kinshasa Gombe

Website:  http://www.ipad-oilgas.com/

Social media:

Twitter:  https://twitter.com/iPAD_oilgas

LinkedIN: iPAD DRC Oil and Gas Forum

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