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Corporate Council on Africa (CCA) Africa Oil & Gas Forum (Nov. 29-Dec. 1)

(EMAILWIRE.COM, October 25, 2006 ) Washington, D.C. -- The Corporate Council on Africa (CCA) will host its annual Africa Oil & Gas Forum from November 29, 2006, to December 1, 2006 in Washington, D.C. Led by the American private sector and co-sponsored by the U.S. Department of Energy (DOE), the conference will showcase business opportunities and key areas for growth in the African energy sector. “The annual Africa Oil & Gas Forum is the only event in the U.S. designed to bring together key stakeholders in the oil & gas sector from Africa and the U.S.,” said CCA President Stephen Hayes. The 2006 Forum will place particular emphasis on building and maintaining strategic partnerships between the United States and African oil and gas producing countries. “The most important goal of the forum is to stimulate dialogue between U.S. companies and their African counterparts, especially in the light of growing competition for the development of Africa’s oil and gas resources, ” Hayes added. With Africa’s strategic energy supplies and rich endowment of other natural resources, the continent has emerged as a significant strategic partner to the U.S. The rise in crude oil prices has increased the value of U.S. petroleum imports from Africa by 131.8 % since 2000. During 2005, the U.S. imported $37.8 billion of petroleum products from Africa. It is estimated that 20% of U.S. oil imports will come from Africa by the end of the decade.Energy security, public-private partnerships, local content issues, and emerging investment opportunities in Africa will be addressed during workshops and plenary sessions at the 2006 Africa Oil & Gas Forum. Speakers will include U.S. and African government officials as well as energy business executives, financial institutions, and international organizations Participants will benefit from first-class networking opportunities with U.S. and African industry leaders.Program details and registration information can be found on the event web page:, established in 1993, is a nonpartisan 501(3)(c) membership organization of nearly 200 U.S. companies dedicated to strengthening the commercial relationship between the U.S. and Africa. CCA members represent nearly 85 percent of total U.S private sector investments in Africa. Visit CCA's website at

The Corporate Council on Africa
Joseph Nchor


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