Developing energy management and commodity risk management services in Africa
ENGIE is pursuing the development of energy supply and commodity risk management services to African industry, to support both economic activities and development.
Through its expertise in international markets and energy derivatives, ENGIE is looking to:
- accompany the development of the Group’s multinational industrial clients in Africa, facilitating their physical sourcing and providing hedging services, and offer these same kind of services to new industrial clients
- offer hedging services to gas & oil companies, both private and state-owned, to mitigate volatility on their revenues
Work with African countries to design the right energy mix for them, in particular, ensure the transition from the traditional use of biomass to more efficient and healthier uses and to other energy sources like natural gas, partner with international organizations to promote energy for sustainable development