As Lagos welcomes the 17th OTL Africa Downstream Energy Week today, roughly 50 experts prepare to illuminate the conference with insights into the midstream and downstream petroleum sectors.
Jointly orchestrated by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and key partners, the event spans comprehensive operations in the energy business. It features a strategic conference, an exhibition showcase, and networking segments, consolidating its reputation as a hub for industry discourse.
This year’s symposium, outlined by OTL Africa’s Executive Vice Chairman Dr. Emeka Akabogu, holds particular significance. It marks the first meeting under the nascent administration amid growing apprehension surrounding petroleum product market policies.
Participants anticipate crucial updates from the NMDPRA on executing reforms introduced by the Petroleum Industry Act. Concurrently, representatives from the Ministry of Petroleum Resources will delineate the sector’s strategic orientation.
The OTL exhibition promises a glimpse into groundbreaking services and technologies, offering interactions with prominent industry entities. Discussions will traverse crucial sectors like oil refining, product trading, logistics, and tank storage. Further topics encompass LPG, lubricants, petrochemicals, and the intertwining realms of power, finance, and regulatory directives.
Over its distinguished 17-year trajectory, the OTL Africa Downstream Energy Week has consistently pioneered discussions, fostering business and operational evolution in the energy markets.
In light of the historical context and present-day expectations, stakeholders regard this convention as a pivotal juncture for addressing contemporary challenges and charting the road ahead.