AEC, OPEC Discuss Technical Cooperation At ADIPEC

By Cyber Era Staff

A team of the African Energy Chamber (AEC), led by Executive Chairman Nj Ayuk, met with the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, Tuesday in Abu Dhabi, UAE, wherein both parties discussed the sharing of best industry practices and technical cooperation with new and upcoming African oil producers. Nj Ayuk doubles as the CEO of the Centurion Law Group.

Given the increasing number of African producers who have rejoined OPEC, and the strong support of non-OPEC African nations for the Declaration of Cooperation, both parties agreed on the opportunity to strengthen the technical dialogue between OPEC and Africa.

In order to cement OPEC’s engagement with new and upcoming producers, the Chamber will be assisting in the organization of an OPEC Technical Workshop in Dakar in early 2020, which will be open to regional technicians from ministries and national oil companies. “As OPEC expands, it is important to open its technical meetings and workshops to non-member countries who could potentially join the Organization later,” explained Nj Ayuk.

Barkindo welcomed the initiative as a very timely one, insisting that now is the right time for countries such as Senegal to engage with OPEC and the global oil industry.  Said he: “Such technical workshops can establish a framework for the long-term sharing of best industry practices for new African producers. They ultimately benefit the development of transparent and sustainable industries, this is good for Africa and Africans.”

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