By Cyber Era Staff
Last month, Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva declared 2020 as the Year of Gas for the West African Nation and line with this initiative, the Minister and the Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari, led by Nigeria’s President Muhammadu Buhari will host the third annual Nigeria International Petroleum Summit (NIPS) which is built for February 9-12, 2020 in Abuja, north central Nigeria.
The 2020 instalment of the NIPS conference will be anchored by the theme, Widening the Integration Circle: Technology, Knowledge, Sustainability and Partnership and will present strategies and opportunities for growth in oil, gas and energy technologies as well as showcase major contract signings.
Determined to showcase Nigeria as the foremost oil and gas investment destination, the conference will feature a spotlight session on the Nigeria LNG Train-7 project, which recently reached the final investment decision on the major gas expansion deal that is set to boost the plant’s production capacity to 30 million tonnes per annum (mtpa), from the current 22.5 mtpa.
Further, NIPS will provide the opportunity for the nation to outline how local companies can lend a hand in the advancement of the country’s petroleum industry as it works to boost its output.
“Attracting over 5000 international energy industry executives, NIPS is the most opportune space for Nigeria to communicate its growth and development plans, more so since the Honorable Minister declared 2020 as the year of gas for the country,” said Executive Chairman of the African Energy Chamber and CEO of the Centurion Law Group, NJ Ayuk. “Following the recent US$10 billion investment onTrain-7 which will enable the NLNG processing unit to remain the fifth-largest supplier of LNG in the world, Nigeria is right to build on this momentum,” he added.
Speaker highlights include Former Minister of State for Petroleum Resources, Nigeria, Emmanuel Ibe Kachikwu; OPEC Governor for Nigeria, Dr. Omar Farouk Ibrahim, Secretary-General, International Energy Forum, Dr. Sun Xiansheng, Minister of Hydrocarbons, Republic of the Congo, Jean-Marc Thystère Tchicaya and Minister of Mines and Hydrocarbons Republic of Equatorial Guinea, Gabriel Mbaga Obiang Lima.
