10th East African Petroleum Conference, Exhibition Set for May 9th

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The pre-conference workshop for the 10th East African Petroleum Conference is currently underway at Serena Hotel in Kampala.

The conference is scheduled to start tomorrow 9th to 11th May, 2023 will be running under the theme of “East Africa as a Hub for Investment in the Exploration and Exploitation of Petroleum Resources for Sustainable Energy and Socioeconomic Development”

Ruth Nankabirwa, the Energy and Minerals Development Minister said this is the second time Uganda is hosting the conference organized on a rotational basis among the East African Community member states.

Minister Nankbairwa in a speech read for her by the Acting Director of Petroleum, Honey Malinga said the conference has created opportunities for the EAC partner states and the private sector through sharing information on investment opportunities in oil and gas.

She said the conference will offer a wide range of technical presentations reflecting developments in the oil and gas industry in East Africa and around the world, and it also aims to provide a forum for discussing the legal and policy framework and the overall business environment prevailing in the region.

The Conference also will give stakeholders in the oil and gas sector an opportunity to interact with EAC senior government officials and decision makers.

The representatives from the member countries of Uganda, Kenya, Tanzania, Burundi, South Sudan and Rwanda will present to the delegates the status of the Exploration in their Countries.

This conference provides an opportunity to the different players in the Petroleum industry to share the opportunities for investment. Among the areas that will be discussed by the delegates are capacity building and training programs, Farm in partnerships and Multiclient studies, Financing for petroleum projects and Development of LNG, pipelines, refinery, CNG storage facilities and petrochemical projects in East Africa.

They will also discuss the Exploration and development in the oil and gas sector in the EAC partner states, infrastructure development, and commercialization of the oil and gas projects and cross cutting issues like Managing Environmental, Health, Safety, Security & Social Impacts in oil and gas operations, Legal, Fiscal and Regulatory regimes, Geo-political influence on oil and gas demand and technological advancement among others.

 

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