A Review of the Nigerian Energy Industry

Africa’s leading oil, gas, finance experts gather in Abuja in November

31 August 2011, Sweetcrude, Abuja – Africa’s top oil, gas and finace professionals are expected to gather in Abuja 15 – 16 November 2011 for the first Oil and Gas Africa Finance & Investment Conference (OGAFIC 2011).

The event is being organised by the Nigerian Ministry of Petroleum Resources and the African Petroleum Producers Association (APPA) Fund for technical Cooperation in cooperation with AME Trade Ltd, UK.

The conference which main theme is, “The Role of Financial Institutions in Financing Oil and Gas Investment Projects in Africa,” is expected to tap into the vast opportunities for investment in the Oil and Gas industry in Africa and sensitise the investing community on the huge resources required to finance expected investment in the upstream, midstream, downstream and ancillary projects in the continent.

Organisers of the event desricribe it as “a unique high level strategic conference designed to act as a platform for increasing oil and gas investments in the African region, by bringing together all stakeholders in the industry”.

These will include representatives from international and national oil and gas companies, representatives from several national, regional, international bilateral and multilateral financial and investment institutions, government agencies and the private sector.

The organisers also stated that delegations of the highest rank are expected from Africa’s seventeen petroleum producing countries namely: Algeria, Angola, Benin, Cameroon, Congo, Congo DRC, Cote D’Ivoire, Egypt and Equatorial Guinea.

Others are Gabon, Ghana, Libya, Mauritania, Nigeria, South Africa, Sudan and Chad. Also expected to attend the conference are key private sector companies operating in Africa in addition to distinguished participants from international key energy firms and financial entities.

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