NAIROBI (Xinhua) --
Kenya’s ministry of energy will in mid June host the fifth
edition of the East Africa Oil and Gas Summit (EAOGS 2018) in
Nairobi amid rising investor appetite in this nascent sector
across the region, the organizers said on Monday.
According to Global
Event Partners, over 500 senior oil and gas executives will be
joined by senior policymakers, regulators and experts to explore
new opportunities in the region’s oil and gas sector during the
“The renowned event,
which is the largest of its kind in East Africa and is
officially endorsed by the ministry of energy and petroleum in
Kenya, will once again provide the platform for ministers and
national oil companies to engage with international and local
companies and investors, to examine the hugely significant
opportunities present across the region,” the organization said.
Kenya has hosted
regional oil and gas summits in the past and organizers expect
the June event to expose investors to emerging opportunities in
the sector across the region.
“The 2018 program
places Nairobi at the hub of the industry for East Africa and
will examine the key topics that affect the rapidly advancing
oil and gas industry throughout East Africa,” it said.
revealed that besides key note speeches by ministers, the summit
will also discuss a range of topics like latest exploration
updates, engaging the communities, emerging markets and
Likewise, the 2018
regional oil and gas summit will provide a networking
opportunity for investors, service providers and clients.
Regional Coordinator and CEO of the East African Chamber of
Commerce, Industry and Agriculture and co-organizer of the
summit, noted it will take place against a backdrop of concerted
efforts to revitalize oil and gas sectors in the region.
“The timing of EAOGS
2018 is crucial for the sector; the industry is ready to move
forward-with a strong government in place. A recovering oil
price, infrastructure, pipeline and refinery plans all moving
forward,” said Kahuthu.
“There has never
been a better time to get involved and be right at the forefront
to discussions focused on the opportunities for the industry in
this region,” he added.