Sahara Group is one of the frontline participants at the OPEC seminar, a position that reinforces its thought leadership role and commitment to facilitating conversations that will bolster the sector with key considerations for transparency, market balance, safety and environmental protection.
Browsing: Dr. Emmanuel Ibe Kachikwu
Idang Alibi, the Director of Press in the ministry, in a statement on Thursday night clarified the minister’s submission made to the joint committee of the National Assembly on Petroleum Downstream
The meeting also took note of Nigeria and Libya’s incremental production and noted their special circumstances, while agreeing to maintain their exemption from the production quota
The 14-member OPEC meets on Thursday to decide whether to extend production cuts until the end of 2018
While speaking at the meeting, Perry commended Nigeria on the significant steps taken in the Oil and Gas Industry, and stated that the key message and thrust of the United States administration is to be strategic partners with Nigeria.
The Minister of State for Petroleum Resources and Head of its Delegation to the Organization of the Petroleum Exporting Countries Conference, Dr. Emmanuel Ibe Kachikwu, gave this assurance in Abuja on Wednesday during a world press conference
Speaking at a presentation to top executives of ENI in Rome, Italy on Monday, Kachikwu enjoined the group to move beyond just the business of crude exploration to firmly supporting the vision of enhancing local production of petroleum products in Nigeria by building refineries in the country
Known as the Joint Venture Cash Call debt, the nation owed the IOCs 6.8 billion dollars but got a discount of 1.7 billion dollars leaving a debt of 5.1 billion dollars to be repaid
The minister also said the country recorded over 3,000 pipeline vandalism cases from 2010 to 2015 and added that the impact of attacks on oil and gas pipelines was that there was no money to fund the 2016 budget
Kachikwu said: “I want you to know that this is a great task; be focused and see it as a service to the nation, work hard to leave a great legacy.
“It is not how long you stay that matters but how well
The unions are the Petroleum and Natural Gas Senior Staff Association of Nigeria and the Nigeria Union of Petroleum and Natural Gas Workers.
Kachikwu said: “We have listened to all their items of concerns and we will address them
In a press statement by its President, Nelly Emma; Secretary, John Sailor; and Public Relations Officer, Stanley Mukoro, made available to newsmen on Thursday, the group frowned at the sudden removal of Kachikwu as the GMD of NNPC, describing it as unfair not only to the hard-working technocrat, but to the entire people of the neglected oil rich Niger Delta Region
Kachikwu said the Federal Government was committed to “a financially driven and economically motivated pattern” of resolving security concerns and development in Bayelsa State and the entire region.
The minister, who was responding to questions by some aggrieved participants from the region over alleged un-equitable distribution of oil blocs, said the Federal Government would be fair and just in giving out such advantages.
Even after spending weeks to perfect their response to the clamping down on corruption in the industry they were only able to rehash their old strategies – launch personal attacks on the minister and his family. This took the wind out of the re-launched of a campaign of calumny they had launched against him in the past since it came out as the same tired stories they had always peddled
Rising from its 169th Ordinary Meeting, the Conference expressed its appreciation to the outgoing Secretary General, Abdallah Salem El-Badri, for his leadership of the Secretariat and the Organization during his tenure
He said: “We are coming up with a policy in the next few days that will allow us develop the price modulation that allow us swing our price along with international pricing
Kachikwu, who is also the Group Managing Director of the Nigerian National Petroleum Corporation, disclosed this while speaking with newsmen during the re-inauguration of the Port Harcourt/Bonny Crude Supply Line at the Port Harcourt Refining Company, Eleme, Rivers State
The Group General Manager, Group Public Affairs Division of the NNPC, Mallam Garba Deen Muhammad, in a press statement quoted Dr. Kachikwu as saying that Warri has started working, while Kaduna will start production at the end of the month
The statement quoted Muhammad as saying that the setting up of the committee followed the meeting between the Minister and IPMAN toward ending the crisis in the Association