Global Energy Experts Storm Abuja, Amidst Acute Fuel Scarcity

Energy experts from across the globe have converged on Abuja for the 2022 edition of the Nigeria International Energy Summit (N.I.E.S 2022).

The N.I.E.S 2022 is currently holding at the nation’s capital, Abuja, Nigeria with the worsening fuel scarcity, paralyzing economic activities across the country.

Although the Nigerian National Petroleum Corporation(NNPC) Limited assured Nigerians that it has sufficient stock of Petroleum Products for distribution across the country and working assiduously with partners to ensure the product reaches every part of the country, but the situation has not changed.

It attributed the current scarcity to distribution hitches being experienced in some parts of the country due to logistics issues, adding that efforts are being intensified to resolve it.

Meanwhile, the fifth edition of N.I.E.S 2022 with the theme; “Revitalizing the Industry: Future Fuels and Energy Transition”, have the Saudi Arabia Energy Minister and African counterparts in attendance.

Giving his opening remarks, the National Host Sponsor and CEO NNPC Limited, Mr. Mele Kyari, assured all participants of NNPC’s continuous commitment towards a seamless energy transition process.

“NNPC will work with our partners while ensuring Nigeria is also well aligned along this transition journey. As a country, we must address the issue of local production especially in the short term”, he said.

N.I.E.S is a federal government of Nigeria official petroleum industry event with the Federal Ministry of Petroleum Resources and all its parastatals including the Nigerian National Petroleum Corporation (NNPC), Nigerian Content Development and Monitoring Board (NCDMB), Nigerian Upstream Petroleum Regulatory Commission (NURPC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Petroleum Technology Development Fund (PTDF) and Petroleum Training Institute (PTI) are joint hosts.

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