The attention of the global oil and gas community has virtually descended on Doha, capital of the State of Qatar venue of Sunday’s crucial Oil-Producing Countries Ministerial Meeting convoked to seek remedy to the lingering decline in the price of crude oil in the international market.
Nigeria’s Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu is already in Doha where preliminary meetings among top oil producing ministers has commenced.
A statement from the Group General manager, Group Public Affairs Division, of the NNPC explained that Kachikwu is currently putting heads together with Oil Ministers from other member countries to seek practicable measures to strike a balance between supply and demand of crude oil with a view to arresting the decline in oil price.
Sunday’s crucial meeting is expected to be attended by ministers of the 12-member Organisation of the Petroleum Exporting Countries, OPEC, made up of Saudi Arabia, Iran, Iraq, Kuwait, Qatar, Venezuela, Libya, Nigeria, United Arab Emirates, Angola, Algeria and Indonesia as well as non OPEC member countries led by Mexico, Bahrain, Oman and Russia. Click to signup for FREE news updates, latest information and hottest gists everyday
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why does nigeria petroluem minister not attend this meetings?
ReplyDeletehe has never attended any of this crucial meetings, instead he sends his assistant all the time...
Nigeria goes through fuel crises every year and yet can't find the solution to the problem. We take big titles and claim big salaries, but when it comes to knowing our job and doing it right, we have no clue. Give the country back to the British and stop all this foolishness called independence.
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