Sponsored
Oil & Gas

Nigerian Oil Minister Joins Congo Energy & Investment Forum (CEIF) 2025

Sponsored
Sponsored

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, will participate as a speaker at the inaugural Congo Energy & Investment Forum (CEIF) 2025. Taking place from March 24-26 in Brazzaville, CEIF 2025 will showcase partnership and investment opportunities in the hydrocarbon exploration, gas monetization, green energy and downstream industries across the Central African region.

Coinciding with Nigeria’s aims to increase oil production to 2.6 million barrels per day (bpd) by 2026, the Republic of Congo has its own ambitious strategy to increase production to 500,000 bpd by the end of this year. As such, Minister Lokpobiri’s participation at CEIF 2025 is expected to play a vital role in driving cooperation between the two countries while facilitating strategic investment opportunities.

The inaugural Congo Energy & Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates to ongoing expansions across the country.

Nigeria and the Republic of Congo serve as the first and fourth-largest oil producers in Africa, respectively. To attract investment in oil and gas and support production goals, Nigeria has initiated a series of measures to make the market attractive for foreign capital. Meanwhile, the Republic of Congo is gearing up for a significant increase in its oil output over the next three years, driven by a series of landmark projects spearheaded by industry giants including TotalEnergies, Trident Energy and Perenco.

Serving as the premier platform for energy investment in the Central African region, CEIF 2025 is well-positioned to support Nigeria and Congo’s shared target of driving regional cooperation, energy security and socioeconomic development. As such, Lokpobiri’s participation at CEIF 2025 is expected to showcase how collaboration between two of Africa’s largest oil producing nations can unlock the full potential of ongoing and upcoming oil projects, which are set to transform the continent’s energy landscape.

Sponsored
Alinnor Arinze

Recent Posts

Prince Jide Kosoko Celebrates First Lady Remi Tinubu At 66, Lauds her Support for Women, Widows, Creative Economy

Veteran Nollywood actor, film producer, and respected cultural ambassador, Prince Jide Kosoko, has extended his…

9 hours ago

Zamfara, XEJET Sign Agreement To Commence Abuja-Gusau Flight

The Zamfara State Government has signed an Air Route Development Partnership Agreement with XEJet Limited…

11 hours ago

Analysts Warn of Economic Fallout From Network Downtime

Nigeria’s growing dependence on digital connectivity means prolonged telecommunications disruptions could affect businesses, jobs and…

11 hours ago

Witness Reveals How Bauchi Accountant-General Transferred State Funds To Private Company

BY MICHAEL AKINOLA  Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued on…

11 hours ago

Obasa Celebrates First Lady Oluremi Tinubu At 66, Hails Her ‘Masterclass In Public Service’

Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has described…

13 hours ago

Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi Chief Operating Officer

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced the appointment of renowned Public-Private Partnership…

14 hours ago
Sponsored