Minister, experts to discuss petroleum industry challenges

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Minister, experts to discuss petroleum industry challenges

By Udeme Clement

 Minister of State for Petroleum Resources, Ibe Kachikwu, Lagos State governor, Akinwunmi Ambode, other local and international players in the oil and gas sector have concluded plans to discuss solutions to the challenges confronting oil/gas product manufacturing in Nigeria, as well as Africa.

The Institute of Oil/Gas Research & Hydrocarbon Studies made this known, added that arrangement has been concluded for the 2018 ‘Oil & Gas Product Forum’.

As such, lawmakers and other key stakeholders would be hosted in Lagos to deliberate on the prospects, challenges and progress in the sector.

In a release by the organisation, there is need for deliberate effort to create a platform, sponsor seminars and public enlightenment, in order to provide additional knowledge in the area of oil/gas products conception, development and manufacturing.

The 2018 topic: ‘Oil & Gas Product Manufacturing: Prospects, Challenges & Progress’ seeks to bring together individuals with hands-on experience to share information, on new and innovative strategies to handle the many challenges in the manufacturing of oil/gas products in this part of the world,” the statement said.

The Forum is expected to discuss issues bothering on oil/gas upstream, midstream and downstream regulation.

The focus of the event would also be on oil/gas infrastructure development and challenges in financing oil/gas projects, particularly manufacturing, which is normally long term in nature.

According to the statement, the 2018 Oil & Gas Product Forum shall expose participants to issues relating to quality standardisation, certification, policy direction of government and other challenges.

The sub-themes at the conference include ‘Oil & Gas Product Manufacturing: Issues of Quality Standardisation,’ ‘Oil & Gas Product Manufacturing: Finding Capital from the Stock Market                     and ‘Oil & Gas Project Finance’.

Participating countries expected to attend this programme include Nigeria, India, UAE, South Africa, Kenya, Ghana, Tunisia, Egypt, Pakistan, United States of America, Canada, UK.

The institute said it would equally expose some finest products doing well in the market with the Oil & Gas Product Awards 2018.

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