ABUJA, (Xinhua) --
The first edition of what is said to be Africa’s largest
petroleum summit opened in Nigeria’s capital Abuja on Monday,
with an aim to revive the oil industry in Africa.
minister Ibe Kachikwu declared the summit open on behalf of
President Muhammadu Buhari, saying Nigeria is willing to
provide leadership for Africa in oil and gas.
Kachikwu said the
Nigeria International Petroleum Summit was organized with the
mission to make it Africa’s most important platform and
linkage to the world.
features an exhibition of latest petroleum technologies,
equipment and investment opportunities by global oil and gas
“It is aimed at
engendering potential-economic benefits, generate employment
and expand businesses in Nigeria and Africa,” Kachikwu said.
petroleum industry is the largest in Africa with proven oil
and gas reserves of 37 billion barrels and 192 trillion cubic
delegates from oil and gas multinationals are attending the
five-day summit in Abuja.