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    Business Day: Africa’s energy sector demands new approach from players

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Summary

The global energy industry is undergoing a seismic shift, in part, driven by development of new, unconventional sources of energy

by: Sruthi

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Press Notes, Africa

Business Day: Africa’s energy sector demands new approach from players

The global energy industry is undergoing a seismic shift, in part, driven by development of new, unconventional sources of energy, such as shale gas, tight oils, coal seam gas and oil sands.

In turn, this is requiring logistics executives to rethink traditional energy supply chain models and implement a highly Integrated approach, to drive down logistics costs and enhance profit margins.

This is according to DHL, the world’s leading logistics company, who have released a white paper on the dynamics, challenges and opportunities that are shaping the current energy sector.

Jonathan Shortis, vice president – energy sector, EMEA (Europe, the Middle East and Africa): DHL Customer Solutions and Innovation says that the need and desire to explore new geographies and develop new technologies to reach and extract unconventional gas reserves has become ever more apparent. “While growth in the conventional energy sector currently hovers around 1 to 2 percent per annum, the unconventional segment is booming.”
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