Kachikwu Makes History As Three-time President Of APPO, As 24 OPEC & Non-OPEC DOC Member Countries Elevate Nigeria To JMMC
Congratulations #Nigeria! Congratulations @APPO_CapeVII#APPO
Congratulations @IbeKachikwu
#GECF Secretary General Dr. Yury Sentyurin reiterates sincere appreciations to HE Teodoro Obiang Nguema Mbasogo, President of #EquatorialGuinea, and HE Minister and Chairman of Extraordinary Ministerial Meeting @GabrielObiang for generous support during @APPO_CapeVII @EnergyYear
Ending an exciting and productive week with cocktails sponsored by NNPC. A big thank you to our sponsor and to everyone for coming out. Safe travels back home, and see you next time! #CAPEVII#Malabo#YearofEnergy#Africa#APPO
"We are the first African petroleum congress that has been opened by a Head of State, and the SG of GECF, OPEC & IEF have all been present," more closing remarks from H.E. Minister @GabrielObiang#CapeVII#YearOfEnergy
That's a wrap! HE Minister @GabrielObiang delivers closing ceremony of APPO #CapeVII "I would like to make sure that you have enjoyed your time here, witnessed the hospitality of the people and discovered the important and safe business climate we are creating on our continent."
"We must balance the liquid fuels versus petrochemicals in manufacturing at the refineries. If we look at Africa as a continent, we’ve been primarily based on liquid fuel for transportation. There’s scope for synergies" - Pragasen Naidoo, COO of Central Energy Fund #CapeVII
"In our subregion, we don't have many parallel projects to the oil sector. I think that we are not focusing enough on these other projects that could help us diversify our economies" - CEO Perrial Jean Nyodog of @Tradex_SA#CapeVII#downstream#panel#YearofEnergy
"One of the mistakes we make is hoping that knowledge transfer will happen from international to local companies. Local companies can share knowledge with other local companies, too" - Manuel Oliveria Toichoa, Associate Attorney, @Centurion_Law#CapeVII
"If you want to increase the capacity of the local SMEs, you have to also help them. For example, if you have companies that want to buy equipment abroad, you have to help them concerning customs and tax" - Dr. Achille Ngwanza, Legal Consultant, Jus Africa Sarl #CapeVII#SMEs
"We are 100% Gabonese in all sectors, even in our subsidiaries," says Director of Gabon Oil Company Jean Koumbi Guyed on having "no expats." #localcontent#paneldiscussion#CapeVII
"The presentations we have seen here are helping us to reformulate the national content regulations in our country, which are not very strong. We have not been able to integrate them as much as Ghana or Nigeria" - Jean Koumbi Guyed, Director of Gabon Oil Company #CapeVII#Gabon
"We were nobody until local content came. Then we grew exponentially and now we're attracting projects of $300 mil. It takes a combination of the entire ecosystem. It's doing the project as if you were in Houston or London," - Akin Odumakinde, CEO of DeltaTek Group
@OburuOndo CEO of GEPetrol compares local content violations to getting away with speeding: “When national companies come to Equatorial Guinea, they adapt to the enforcement level." #CapeVII#panelists#YearofEnergy
"Companies need to be competitive, but I do not believe that local content is mandatorily going to work without a strong legal framework that is efficient and targeted to obtain the results that are being pursued" says CEO of GEPetrol @OburuOndo#CapeVII
"Today, EG local content law is a mixture of laws from Nigeria, Philippines, Ghana and Trinidad & Tobago," says Jacinto Nguema Owono, General Director of Local Content, Ministry of Mines and Hydrocarbons #localcontent#panel#CapeVII#YearofEnergy