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Do you know what does the WECP abbreviation means?

Do you know what does the WECP abbreviation means?

There are many cities worldwide, that are globally considered to be international energy capitals but only 19 of them are associated in World Energy Cities Partnership (WECP). Members cooperate and exchange trends not only in petroleum or even business province, but also at the corporate, city, educational, and civic levels. WECP goals are to ensure city-to-city learning and achieve economic growth. Let’s take a look at six selected cities from different continents, whose membership of the WECP may not be obvious to everyone.

Villahermosa, Mexico

This capital and largest city of the State of Tabasco, located in the southernmost part of the Gulf of Mexico can be surly called the energy city of Mexico, with a dynamic petroleum activity taking place in its region. Nearly the totality of oil and more than 90% of domestic natural gas production is produced no further than 200 km from the city. The city is located about 55 km from the coast, with easy drive to or from seaports, which are responsible for 95% of Mexico’s crude oil export. You will find here such petroleum companies as Pemex Exploration and Production, Halliburton, NOV, CGG, Mexican Petroleum Institute (IMP), Schlumberger, Baker Hughes a GE company, Petrotec, Precision Drilling and few others.

Rio de Janeiro, Brazil

This city is known for its unique carnival and picturesque location. As the third largest city in Latin America it is also considered to be an important logistic hub as well as a great place for headquarters of major companies in Brazil. It is estimated that in the next years the oil and gas sector will account for 62% of investments with total value $614 billion, which gives over $380 billion for petroleum investments. Oil and gas together with three other sectors (mining, steel and petrochemicals) represent as much as 84% of future investments in the country. You can find here the leading service companies again, domestic Petrobras or even Statoil.

Esbjerg, Denmark

Esbjerg is one of the three European cities belonging to the WECP (alongside Aberdeen and Stavanger). The city is recognized as the Energy Metropolis of Denmark and plays a crucial role in the development of the energy sector- in both renewable and conventional province. The success of the city lies in a strategic location close to the North Sea and a seaport, which provide services for the Danish oil and gas industry, other companies operating on the Norwegian Continental Shelf and Wind Industry as a preassembly base port. Over 250 companies work in the industry, and the national Maersk emerges on their fronts. In 1991, Denmark became oil independent, and energy independent in 1997. The government in Copenhagen decided that by the middle of the century the country would completely give up dirty fuels.

Cape Town, South Africa

Second largest city in South Africa with 3,8 million citizens and the newest member of WECP. Because of established position of midstream and downstream activities, Cape Town has developed as an significant region for many local, regional and international oil and gas companies. The city is a great place to provide services and expertise for oil and gas exploitation in Africa.

Karamay, China

Karamay lies on the edge of the desert in the northwest of China. The city was founded exactly 60 years ago and today it is probably China’s richest city. Were it not for the resource commonly known as black gold, Karamay wouldn’t even exist. Local deposits are characterized by shallow depths and good quality. The Karamay Oilfield has started production in 1955 and it was developed by China National Petroleum Corporation. Total estimated oil reserves in place are around 3 billion barrels and production rate is centered on 290 000 barrels per day.

Perth, Australia

Perth together with Houston are founding members of WECP. Houston is the energy capital of the world, while Perth is the energy and resource capital of South East Asia and one of the best place to live. The region produces commercially over 50 different minerals, extracts 63% of the nation’s natural gas and handles 86% of LNG export. In the city you can find offices of oil and gas companies and oil services companies, which operate and support activities in Australia, across the Indian Ocean and Pacific region such as Chevron, ConocoPhillips, Shell and BHP Billiton. Due to the strategic location of the city, it becomes a rapidly growing city of energy, supplying countries undergoing a rapid urbanisation such as China, India and South-East Asia or these already highly developed as Japan and Korea.

References:

energycities.org
farwestchina.com
wikipedia.org