Tuesday, December 15, 2015

NIGERIA HOSTS 6TH AFRICAN PETROLEUM CONGRESS, EXHIBITION IN 2016

Nigeria is set to host 6th Africa Petroleum Congress and Exhibition (CAPE Vl) in Abuja from 15th – 17th March, 2016, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has disclosed yesterday.

Kachikwu in a World Media Briefing in Abuja informed that the event which will feature the 33rd Ordinary Session of the APPA Council of Ministers meeting under his Presidency would benefit Nigeria in a number of ways.
GMD of NNPC, Dr. Emmanuel Ibe Kachikwu

 “In the first place, it is a home-coming event as 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,” he said.

Recall, Kachikwu is the current Presidents of APPA; Organization of Petroleum Exporting Countries (OPEC); and the Gas Exporting Countries Forum (GECF). He has however called on member countries of the African Petroleum Producers Association (APPA), to close ranks and bring their influence to bear on the global oil and gas production matrix.

He said, it was high time APPA members rallied round to forge common positions on critical areas of mutual interest to galvanize their stakes especially in the Organization of the Petroleum Exporting countries, OPEC. “APPA needs to meet more often, strategize more often and speak with one voice,” he said.

The NNPC GMD also called on APPA member countries to resist the temptation of being over competitive among themselves so as not to deplete their strength in OPEC and other global oil and gas organizations.

The African Petroleum Producers Association (APPA) was founded at the instance of Nigeria at a meeting held in Lagos in January 1987 with eight (8) African countries (Algeria, Angola, Benin, Cameroun, Congo, Gabon, Libya and Nigeria) in attendance. APPA membership has since grown from the initial eight (8) to eighteen (18) countries.
The other members are: Chad, Cote d’Ivoire, democratic Republic of Congo, Egypt, Equatorial Guinea, Ghana, Mauritania, Niger, South Africa, and Sudan. Meanwhile, the Permanent Secretary, Ministry of Petroleum Resources, Dr. Shu’ra Jamila said the Press Briefing was to tell the world that Nigeria is prepared to host Africa come March 2016.

“As you are aware, there are 18 countries in the APPA, and the input of this association is to develop polices and to have collective position in the global oil market. Nigeria has been an active member of APPA for quite sometimes and we are ready to host the world,” she said. Also speaking, the Assistant Executive Secretary on Technical Matters, APPA, Bakary Traore said, “today CAPE is established as the largest and the most influential oil and gas event in Africa.

The previous edition of CAPE has been organized since 2003 by member countries in this following order: CAPE 1 in 2003, by Libya; CAPE 2 in 2005 by Algeria, CAPE 2 in 2007 by Benin Republic; CAPE 4 2010 by Democratic Republic of Congo and CAPE 5 in 2013 by Gabon.

” He said the 6th edition of CAPE to be hosted in Nigeria would afford investors the opportunity to have deeper information and knowledge of the oil and gas industry in Africa.

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