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Logistics

Oil and gas industry paves the way for project cargo

01 Aug 2024 - by Liesl Venter
 Source: Energy Capital & Power
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The burgeoning oil and gas sectors in Namibia and Mozambique are poised to enhance project cargo logistics significantly in the foreseeable future.

These developments promise to bring a new wave of economic activity, driven by substantial investments and infrastructure projects aimed at tapping into the rich hydrocarbon reserves in the region.

Angola, one of Africa's largest oil producers, is also continuing to expand its oil and gas industry.

Despite facing challenges in the past, the country has witnessed a resurgence in foreign investment and technological advancements aimed at increasing production efficiency.

According to Karel-Jan Nothnagel, CEO of Afrigo Global Logistics, this bodes well for logistics service providers who have seen volumes in the oil and gas sector steadily increasing in recent years.

“We also continue to see major scope for growth in these countries,” he told Freight News.

The company itself has been on a growth trajectory, not only expanding its office space at its headquarters in Cape Town but also its footprint.

“The business continues to go from strength to strength,” said Nothnagel, indicating that its ability to deliver agile and flexible solutions continued to stand it in good stead.

  • Read the full article in our Freight Features edition on "Project Cargo."
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