Oil Trading and Logistics Africa (Downstream) is a Pan-African initiative dedicated to promotion of business, policy and stakeholder relationships in downstream petroleum markets across the continent.
It achieves its goals through strategic government and business liaison, research and advocacy. Its flagship platform, the annual OTL Africa Downstream Week is the continent’s leading business forum for market insights, emerging opportunities, products’ showcase and recognition of excellence in the African downstream petroleum value-chain.
A key community leader from Nigeria’s tense Delta oil-producing region called on militants on Sunday not to resume their attacks until they had further time to negotiate their demands with the government.
Chief Edwin Clark, who leads the Pan Niger Delta Forum (PANDEF), which has been holding peace talks with the government since last year, called on the Niger Delta Avengers militant group to “be patient.”
The Managing Director, Oil and Gas Free Zones Authority, Mr. Umana Umana, speaks about the role of oil and gas free zones in economic development in this interview with ‘FEMI ASU
What is the current state of the oil and gas free zones in the country?
We have a number of free zones dedicated to oil and gas activities. The flagship free zone dedicated solely to oil and gas activities in the country is the Onne Oil and Gas Free Zone.
Following the flag-off of oil search on the Nasarawa State end of the Benue Trough last week, the Nigerian National Petroleum Corporation (NNPC) has commenced move to mobilize for oil exploration in the Benue State sector of the Benue Trough.
The Group Managing Director of NNPC, Dr. Maikanti Kacalla Baru, who led a high-powered delegation from the Corporation to the Governor of Benue State, Mr. Samuel Ortom, disclosed that all was set for seismic data acquisition work to commence in the state.
Oil search in the nation’s inland basins received fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian National Petroleum Corporation (NNPC).
Group Managing Director of the Corporation, Dr. Maikanti Baru, announced this development during a visit to the Governor of Nasarawa State, Alh. Umaru Tanko Almakura in Lafia today.