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id="block-saoga8-sass-page-title" class="block block-core block-page-title-block"> <div class="content"> <h1 class="title"><span property="schema:name" class="field field--name-title field--type-string field--label-hidden">Strategic Geographic Position</span> </h1> </div> </div> </div> <main class="main-content col pb-5 w-100" id="content" role="main"> <section class="section"> <a id="main-content" tabindex="-1"></a> <div id="block-saoga8-sass-content" class="block block-system block-system-main-block"> <div class="content"> <article data-history-node-id="4" role="article" about="/web/oil-and-gas-overview/strategic-geographic-position" typeof="schema:WebPage" class="node node--type-page node--view-mode-full clearfix"> <header> <span property="schema:name" content="Strategic Geographic Position" class="rdf-meta hidden"></span> </header> <div class="node__content clearfix"> <div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h4>Oil and Gas Potential in Sub-Saharan Africa</h4> <p>Africa, particularly southern Africa, will realise significant opportunities across the oil and gas value chain as this industry develops towards its full potential.</p> <p>Africa's economies are some of the fastest growing economies in the world, and while oil and gas activity will initially focus on exploration, as the industry matures other areas of the value chain will develop and play a greater importance (logistics, refining, wholesale and retail consumption) as domestic markets for oil and gas products develop.</p> <p>Accordingly, to cater for the surge in activity, SAOGA's activities are focused on the upstream and midstream sectors of the oil and gas value chain.</p> <h4>South Africa as a Hub for Oil and Gas</h4> <p>Due to the established midstream and downstream 聽 activities in South Africa as a result of the mature downstream industry, South Africa developed as a key 聽location for many local, regional and multinational oil and gas companies active in the value chain.</p> <p>Recently, the successful exploration in Sub-Saharan Africa has resulted in increased activity in oil and gas in the region, and South Africa is well placed to serve as a permanent hub providing services and expertise for oil and gas in Africa.</p> <p>Particular expertise and critical mass has been reached in several subsectors of the overall upstream and midstream value chains: Fabrication and Construction; Ship/Rig Repair and Maintenance; Distribution and Logistics; and Exploration and Production Services.</p> <h4>Strategic African Position</h4> <p>South Africa is geographically and politically well-positioned to be a base for supplying sub-Saharan oil and gas projects. Geographically 聽the country is on the southern tip of the African continent and provides easy access to both east and west Africa by sea and air. 聽Politically, South Africa is a founding member of the New Partnership for African Development (NEPAD), whose prime objectives are to elevate Africa's opportunities in the global economic arena and to enhance its full and beneficial integration into the global economy. It is also an active member of the African Union (AU), the Southern Africa Development Community (SADC) and the Southern African Customs Union (SACU). Its role as leader and partner in the African community provides South African-based companies with favourable access to opportunities in the region. 聽In particular, we have observed a growing trend in many of the local content initiatives in the African oil-producing countries preferentially requiring "African content" when local content is not available. 聽This is a natural outgrowth of the broader African political agenda of trying to foster more cooperation and capability within the continent as a whole.</p></div> </div> </article> </div> </div> </section> </main> <div class="sidebar_first sidebar col-md-3 order-first" id="sidebar_first"> <aside class="section" role="complementary"> <nav role="navigation" aria-labelledby="block-mainnavigation-menu" id="block-mainnavigation" class="sidebar-menu block block-menu navigation menu--main"> <h2 class="sr-only" id="block-mainnavigation-menu">Oil and Gas Overview</h2> <ul class="clearfix nav navbar-nav"> <li class="nav-item active"> <a 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