Indigenous oil and gas producers in Nigeria along with some stakeholders at the International Oil Companies will converge in Lagos tomorrow to review terms proposed for the fiscal aspects of the Petroleum Industry Bill.
Austin Avuru, MD/CEO of Seplat Petroleum Development Company Plc is billed to deliver the keynote address that will review strategies to make the fiscal terms on the oil and gas sector competitive.
Isreal Aye, an oil and gas lawyer who is coordinating the conference says it is “designed as a forum for articulating strategy and policy issues relating to the energy sector.”
The event organised by Aspen Energy Nigeria Ltd along with Technical Consulting Services, and it is billed to hold in Lagos, on July 11.
This maiden edition will focus on how to translate the Nigerian independents into world class operators, said Aye.
Prospective attendees include stakeholders in the oil and gas industry from, captains of industry from the Nigerian independents, some International Oil Companies, government agencies and key financial institutions that have significant energy portfolio.