How can Nigeria Oil and Gas industry be effectively harnessed towards national economic development and individual prosperity?NewswatchNigeria can report that this has however informed a four-day
Nigerian Oil and Gas Conference and Exhibition starting on Monday, 2nd to Thursday 5th of July in Abuja with the theme; Driving Nigeria’s Oil & Gas Industry Towards Sustained Economic Development and Growth.
The Chairman and Chief Executive Officer of the Petrolex group, Segun Adebutu will speak on the sub-theme; Harnessing the Opportunities in Nigeria’s Downstream Sector at the forum which will have over 700 industry professionals, including key stakeholders from both the public and private sectors in attendance.
Expected dignitaries include the Secretary-General of OPEC; Dr. Sanusi Barkindo, honourable Minister of Petroleum Resources; Dr. Ibe Kachikwu, and the Group Managing Director of the NNPC, Dr. Maikantu Baru.
The forum for International Conference Centre (ICC), Abuja, has been described as a viable avenue for networking, sharing ideas, and exploring new opportunities and innovations in the industry.
According to the CEO of Petrolex, Segun Adebutu, the company is a Gold sponsor featuring the annual NOG Awards Ceremony on July 25 will be co-hosted.
“As an integrated energy company, Petrolex remains committed to redefining Africa’s energy landscape and providing innovative energy solutions. We are glad to showcase this at the 17th Nigerian Oil and Gas Conference and Exhibition. We also look forward to interacting with other critical stakeholders and having a robust discourse at the conference. As an emerging leader in the oil and gas sector, the NOG presents the appropriate platform for us to exchange ideas and synthesize new innovations,” Adebutu said.
Petrolex has emerged to be one of the leading players in the Oil and Gas industry, especially the downstream sector. CEO, Segun Adebutu was listed among Businessday’s 50 most influential Nigerians for the year 2017.
Petrolex’s legacy investment is the mega oil city, which contains the largest tank farm in Sub-Saharan Africa. The first phase of the project has been completed and commissioned. It is the 300 million litres mega tank farm, consisting of twenty 15 million litre storage tanks. The tank farm has 30 loading gantries with a scheduled truck loading and fuel management system, and a 4000-truck capacity trailer park for efficient loading. To supply the facility and ensure ease of distribution, a jetty has been constructed and vessels moored. Petrolex is also set to build a 250,000-bpd capacity refinery, which will be the second private refinery in Nigeria.
