Nigeria Can Become Africa’s Energy Hub’

The chief executive officer (CEO) of Heritage Oil Limited and Heritage Energy Operational Services Limited (HEOSL), Ado Oseragbaje has called on federal government to pursue fiscal policies that will position Nigeria as the energy hub of Africa given the country’s huge energy potentials.

This was Oseragbaje’s assertion at the ongoing Nigeria Annual Conference and Exhibition of the Society of Petroleum Engineers in Lagos, Monday August 1st, 2022.

During a brief remark at the opening of the topical issues panel discussion at the conference, the HEOSL CEO said: “with the world seeking to transition to zero net emission by 2050, it is a matter of existential imperative for the Nigerian energy industry to appropriately contextualize its place in the fast-evolving scheme of things.”

Continuing, he said, “at HEOSL, we believe the Nigerian industry holds a prime place in the global energy landscape. It is our expectation that today’s discussions will explore thoughts and ideas on how to best make the Nigerian industry realize its fullest potentials.”

HEOSL is the operator of OML 30 Joint Venture between the Nigeria Petroleum Development Company (NPDC) and Shoreline Natural Resources Limited (SNRL).

He called on industry players to engage in open minded conversations on how best to position the Nigerian energy industry for sustainable profitability and relevance in the global energy space.