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Nigeria advises African countries to unite to push gas development
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Nigeria’s Vice President Yemi Osinbajo
In December 2015 at the CAPE VI launch press conference, the minister of state for petroleum, Dr Ibe Kachikwu, noted the importance of African petroleum producers working together to develop resources and share their knowledge on the oil and gas sector to lower production costs. He also added that CAPE VI was a good meeting place for specialists in the sector to come and discuss this. “Nigeria was a key founding member of APPA and a promoter of the African Petroleum
Congress. We hope that the event will highlight the nation’s oil and gas potential to a global audience and help showcase Nigeria’s small and medium scale oil and gas companies to other African countries and world at large,” said Dr Kachikwu. CAPE VI was inaugurated by his Excellency the President of the Federal Republic of Nigeria and welcomed the eighteen member states of APPA (Algeria, Angola, Benin, Cameroon, Chad, Congo, Côte d'Ivoire, DR Congo, Egypt, Equatorial Guinea, Gabon, Ghana, Libya, Mauritania, Niger, Nigeria, South Africa, and Sudan), including their Ministers and National Oil Companies. Exploration and service companies active in Africa were also welcomed to the event, alongside Africa’s indigenous companies. HE Muhammadu Buhari GCFR, President and Commander in Chief of the Armed Forces, HE Mahaman Laouan Gaya, Executive Secretary, African Petroleum Producers Association (APPA) and Dr Amy Jadesimi, managing director, LADOL Integrated Logistics were also present at the show.
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Event
NIGERIA’S VICE PRESIDENT Yemi Osinbajo has urged African countries to work together to address the development of a robust gas infrastructure in order to meet its future energy needs. He made the remarks at the 6th edition of African Petroleum and welcomed leading government, institutional and private sector petroleum stakeholders taking both longterm and short-term positions on the continents oil and gas sector. The event takes place every three years and is Africa’s most strategic oil and gas meeting, attracting petroleum experts from across the globe and Africa’s top government officials in the petroleum sector, reported state house correspondent Mariah Oasehinde. CAPE VI will allow visitors to find out about the latest prospects for mergers and acquisitions, exploring ways they can expand their network throughout the continent, plan their pan-African petroleum strategy and demonstrate new technology innovations and services at the CAPE VI exhibition to a pre-qualified audience of potential buyers.