African countries urged to collaborate, trade with one another

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Dr. Baru Maikanti, Group Managing Director of the Nigerian National Petroleum Company (NNPC).

Dr Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has urged African countries to collaborate and increase trade with one another.

Baru said this in a goodwill message at the opening ceremony of the maiden Nigerian International Petroleum Summit (NIPS).

According to him, he is convinced that in the course of the summit, action points will be developed and crystalized into a veritable roadmap for the industry and the energy future.

”As I scan through the list of invited speakers and panellists, I am convinced we will be able to frame new strategies and come up with practicable solutions for effectively developing Africa’s hydrocarbon resources.

”On our part, I want to say that it is high time that African countries collaborated and encouraged trade amongst themselves not only in terms of oil and gas but other key sectors.

”One of the key take-aways from an event as this is the networking opportunities and the strategic partnerships we make to better not just our industry but also our respective economies.

”No one will do it for us, the onus lies on us to do it for ourselves,”  Baru said.

The inaugural NIPS aims to be the African version of the annual Offshore Technology Conference where breakthrough technologies in oil and gas are unveiled.

The NIPS, a five-day event, has the theme: ”Leading Africa’s response to global oil and gas challenges.”

The Secretaries-General of the Gas-Exporting Countries Forum, African Petroleum Producers Organization, International Energy Forum and the Organization of Petroleum Exporting Countries were in attendance.

Amaka E. Nliam