The United States has a vital interest in securing access to Africa's energy and mineral resources
DUBAI, United Arab Emirates, June 12, 2014 /PRNewswire/ — The current geopolitical, economic, and supply constraints are driving developed nations to finance and insure increasingly higher levels of risk in the global energy and infrastructure market. Multiple financial, physical and political factors are converging to create a risk landscape that is the most complex and challenging in history.
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The United States must diversify away from the volatile and concentrated Middle Eastern oil imports, counter some of the Nationalistic actions of China and promote U.S. based International Oil Companies on the African Continent, while navigating the current and pending military engagements. All of these activities point firmly to the volatile, yet resource rich Africa region.
Europe is currently being held captive by Russian supplied natural gas and petroleum products, due to lack of its own reserve base. Thus major European International Oil Companies are pushing further into the African Continent in an effort to secure proven oil and natural gas reserves.
China is aggressively exploiting what it perceives to be a lack of energy infrastructure capital and insurance from the United States and Europe and deploying sovereign wealth into the acquisition of substantial energy reserves and infrastructure projects in Africa, seeking to secure the long term raw materials and energy for its manufacturing base and growing economy.
The complex geopolitical landscape will generate a global insurance need for $ 40 Trillion of new critical energy and industrial assets globally over the next 30 years.
This has created a substantial demand for integrated ground, maritime, aviation and power generation delivery services on the African Continent to develop and export Africa's commodities to the global markets.
Contact:
Aaron Williamson
NEAH GES
+41 78 721 5993