Subject: [wanabidii] Energy finds in Africa highlight shifts in sector - DHL report
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PRESS RELEASE
Energy finds in Africa highlight shifts in sector - DHL report
Africa is the region with highest increase in oil consumption globally - 5%
in 2012 versus only a 1% increase globally
CAPE-TOWN, South-Africa, November 25, 2013/ -- The recent oil and gas finds
in Africa will continue to have a positive impact on local economies, if
local African suppliers, service providers and other businesses are geared
up to service this growth.
<http://www.photos.apo-opa.com/plog-content/images/apo/photos/energy-2.jpg>
Download the report : http://www.dhl.com/energywhitepaper
Logo:
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Photo 1:
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Photo 2:
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Photo 3:
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Photo:
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jpg (Charles Brewer, Managing Director for DHL Express Sub-Saharan Africa)
This is according to Steve Harley, President of the Energy Sector, for DHL
Customer Solutions & Innovations (http://www.dhl.com). Harley says that
these energy finds provide many possibilities for local businesses, to echo
the express operator's own marked increase in the transportation of
energy-related material in the region.
Harley says that forecasts expect African oil supply growth to continue over
the next 25 years, with predicted ranges of growth over the period of
between 0.5 million and 2.0 million barrels per day. "Africa will need to
adapt in order to keep up with the demand, as well as evolving trends in
this highly competitive sector."
He says that globally, the steady and reliable supply of energy is critical
to economic activity, and due to Africa's availability of the resource, it
is expected that the continent will see continued and steady economic
growth.
"We have also witnessed an increased demand for the resource on the
continent, and currently Africa is the region with highest increase in oil
consumption globally - 5% in 2012 versus only a 1% increase globally. This
is likely to continue as many of the fastest growing economies are situated
on the continent."
Harley does warn though that, as the easily obtainable oil reserves have
been has depleted, that most of the new developments are either very remote
or technically challenging, which brings issues of infrastructure,
transportation and expertise to the fore.
"Forecasts predict that conventional oil production will decline by five
percent per year. Extraction from unconventional sources is more complex and
relatively more expensive from a supply chain perspective. As such,
customers will need complementary expertise from integrated logistics
suppliers to meet the challenges of these new geographies and technologies."
Harley points to DHL's recent global white paper on Maintenance, Repair and
Operations (MRO) supply chain management for energy companies
(http://www.dhl.com/energywhitepaper), which shows the oil and gas
businesses will require integrated suppliers that are able to support them
with end-to-end supply chain solutions. According to the white paper,
logistics suppliers need to provide a global footprint in combination with
local market expertise. As a trustworthy partner, they also need to drive
cost and process optimization and maintain safety and compliance both on and
off-site."
"This is particularly true in Africa," notes Charles Brewer, Managing
Director for DHL Express Sub-Saharan Africa. "While the continent is showing
promise, issues around infrastructure, regulatory hurdles, and lack of an
integrated supply chain in most markets, can be a major hindrance for energy
businesses. Couple that with the need to optimise production and improve
supply chain management to enhance service and reduce cost, and you
understand the need for integrated suppliers to introduce more robust
metrics, optimize the inventory and find cost-effective transport
solutions."
Brewer concludes, "This highlights the need to partner with an experienced
provider who has extensive knowledge on the region. DHL has an unrivalled
global presence and experience to ensure partners are offered integrated
solutions that address today's energy industry challenges."
To download the report, please visit: http://www.dhl.com/energywhitepaper
Distributed by APO (African Press Organization) on behalf of Deutsche Post
DHL.
Media Contact:
Lee Nelson. Senior Manager - Marketing & Communications, Sub-Saharan Africa
DHL Express
Tel +27 21 409 3613 Mobile +27 72 361 0178
lee.nelson@dhl.com
DHL - The Logistics company for the world
DHL (http://www.dhl.com) is the global market leader in the logistics
industry and "The Logistics Company for the world". DHL commits its
expertise in international express, air and ocean freight, road and rail
transportation, contract logistics and international mail services to its
customers. A global network composed of more than 220 countries and
territories and about 285,000 employees worldwide offers customers superior
service quality and local knowledge to satisfy their supply chain
requirements. DHL accepts its social responsibility by supporting
environmental protection, disaster management and education.
DHL is part of Deutsche Post DHL. The Group generated revenue of more than
55 billion Euros in 2012.
SOURCE
Deutsche Post DHL
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