ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 19, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Natural Gas: OPEC Calls For Strategic, Timely Investments For Energy Markets

by Agency Report
3 years ago
in Business
OPEC+
Share on WhatsAppShare on FacebookShare on XTelegram

The Organisation of the Petroleum Exporting Countries (OPEC) has called for oriented strategy and timely investments in Natural Gas systems, given the current heightened uncertainties and volatility being faced in energy markets.

Advertisement

OPEC secretary-general, Mohammad Barkindo, made the call yesterday in a keynote address at Mediterranean Gas (MedGas) event Dinner, at Athens, Greece.

Barkindo, in his address, lauded the Mediterranean Gas on its forward oriented strategy and timely investments in Liquefied Natural Gas (LNG) and Natural Gas systems.

He described such investments as a significant contribution to the major diversification and energy security strive in Greece and in the region.

“It is particularly of importance at this time, given the current heightened uncertainties and volatility that we all face in energy markets,’’ he added.

Related News

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

4 hours ago

Akwa Ibom Looks Beyond Oil, Targets Agric Products For Export

6 hours ago

He also lauded Mr Theodore Theodoropoulos for his visionary leadership in Mediterranean Gas group of Companies, and Mr Basilio Petkidis, President, Mediterranean Gas for the Floating import of liquefied natural gas, storage, and regasification unit project.

He described the project as a pioneering advanced technology application across the industry and a stimulating factor in the economy.

The OPEC secretary-general thanked the Mediterranean Gas leadership in proceeding with foresight and undertaking such a timely and prestigious project.

“It demonstrates beyond doubt full faith in the hydrocarbons industry and its essential role in our everyday life.”

“Mediterranean Gas deserve our sincerest commendation for contributing to energy security and a smooth energy transition,’’ he said.

He said that recent experience had shown that focusing on only one of components in the energy transition, while ignoring the others, could lead to unintended consequences such as market distortions and price volatility.

“The prevailing narrative does not correlate with the future trajectory of the world’s energy needs. One cannot help but be reminded of the old quote:

“Never theorise before you have data. Invariably, you end up twisting facts to suit theories, instead of theories to suit facts.”

Join Our WhatsApp Channel

SendShare10182Tweet6364Share

Other News Updates

Business

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

2025/09/19
Business

Akwa Ibom Looks Beyond Oil, Targets Agric Products For Export

2025/09/19
Business

Equities Extend Gains, Up By N144bn

2025/09/19
Business

Global Aircraft Manufacturer Bombardier Endorses Dangote Refinery

2025/09/19
Business

Nigerian Aviation Regulator Fines Kenya Airways For Consumer Rights Violation

2025/09/19
Business

28m Housing Deficit: Operator Advocates Building 700,000 Homes Annually

2025/09/19
Leadership Conference advertisement

LATEST

Abuja Waste Contractors Threaten Strike Over 9 Months Unpaid Wages

Fubara May Address Rivers People Friday

2025 WAC: Nathaniel Sets New Nigerian Record At Tokyo

Edo Demolishes 4 Houses Linked To Suspected Cultists

NDLEA Loses Cross River Commander 1 Month After Deployment

Cattle Markets Shut In 7 Kwara LGAs

Sokoto Suspends 6 Principals Over Insubordination, Illegal Fees

Police Arrest 4 Kidnap Suspects, Recover 5 Stolen Vehicles In Ebonyi

Singer Spyro Announces Engagement To Partner

JUST-IN: FCT Resident Doctors Suspend Strike

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.