President Muhammadu Buhari is to deliver the Presidential Address at this year’s edition of the country’s Oil and Gas Conference and Exhibitions (NOG16) slated for June in Abuja, its organisers, CWC Group, have said.

The event holds between June 13 to 16, at the International Conference Centre (ICC), Abuja.

Some industry players said the President’s participation at the event is highly anticipated as they seek the Federal Government’s intervention in the face of global challenges.

The price of crude has dropped to record levels, forcing many firms in the industry to cancel or suspend key projects and investments as well as record significant job cuts

NOG16 will serve as a platform for the government to showcase the direction it is taking the oil and gas industry in the years to come.

Venezuela’s former Minister of Mines and Energy, and Member of Board, CWC Group, Dr. Alirio Parra, said: “NOG now in its 16th year has become an extraordinary event in the Nigerian and international energy calendars. It brings together policy makers, operating oil companies, technology innovators and local manufacturers in an open and free discussion and debate that has the potential for developing new strategies for growth and investment.”

Alongside President Buhari, other high-level government officials, who will be participating in the four-day event, include the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu as well as other ministers, senators, senior government representatives from the Ministry of Petroleum Resources, Nigerian National Petroleum Corporation (NNPC) and its subsidiaries.

Also participating will be leaders and top management of international oil companies, independent producers, international and indigenous service providers and associations.

Source: The Nation