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Nigeria markets gas potential at World Petroleum Congress

By BusinessNews Staff on June 13, 2014

Nigeria will be actively participating in this year’s World Petroleum Congress scheduled for Moscow, and will be bringing to fore its natural gas programmes.

This year’s theme for the Congress is, ‘Responsibly Energising a Growing World,’ and Nigeria will be participating under the theme, ‘Harnessing Nigeria’s Gas Resources for Sustainable National and Regional Development, in its exhibition and country presentation.

The exhibition, which is being arranged jointly by the Nigerian oil and gas industry, will highlight the nation’s gas potential, achievements, current activities and plans in the upstream, midstream and downstream sub sectors of the gas industry, a statement from the National Petroleum Investment Management Services on Wednesday indicated.

Hosted every three years by a member country, the WPC is recognised as the “Olympics of the oil & gas industry” which brings together the largest gathering of policymakers, operators, technology developers and academics in world oil and gas industry, the statement added.

The event, which is organised around a thematic focus that benefits the industry ,is the only international organisation representing all aspects of the petroleum sector. It was established in 1933 with the intent to promote the management of the world’s petroleum resources for the benefit of mankind.

The World Petroleum Council’s prime function is to catalyse and facilitate dialogue among stakeholders – both internal and external to the petroleum industry – on key technical, social, environmental and management issues in order to contribute towards seeking solutions to those issues.

The Congress in Moscow is expected to attract 5,000 delegates, 600 speakers and over 500 Ministers and Chief Executives from around the world who will come together to discuss and exchange ideas on how to ensure that the petroleum industry continues to galvanize world development and growth in a responsible way.

In support of the theme, the statement explained that the Minister of Petroleum Resources and leader of the Nigerian delegation, Mrs. Diezani Alison-Madueke, will present the Nigerian country paper at the conference.

The paper, it added, will enunciate government’s policy initiatives and incentives in the entire value chain of the gas industry.

The Minister is also expected to participate in focus discussions by women in the industry and address investors and friends of Nigeria at the Nigerian Investment Dinner being organised by the Nigerian oil and gas industry as an important side event during the conference. The event, according to NAPIMs, will hold from 15th to 18th of June, 2014.

[Punch]

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