Africa's largest oil summit opens in NigeriaStaff Writer | February 20, 2018
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.
Africa Nigeria's petroleum industry is the largest in Africa
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.
The summit features an exhibition of latest petroleum technologies, equipment and investment opportunities by global oil and gas firms.
"It is aimed at engendering potential-economic benefits, generate employment and expand businesses in Nigeria and Africa," Kachikwu said.
Nigeria's petroleum industry is the largest in Africa with proven oil and gas reserves of 37 billion barrels and 192 trillion cubic feet respectively.
Hundreds of delegates from oil and gas multinationals are attending the five-day summit in Abuja. ■