The East Africa Oil and Gas Summit (EAOG Summit)
Venue: Intercontinental, Nairobi
|Event Date/Time: Nov 12, 2012||End Date/Time: Nov 14, 2012|
At the cocktail reception and press launch to celebrate the launch of the East Africa Oil and Gas Summit which is being co-hosted by the Ministry for Energy Kenya and Global Event Partners (K) Ltd, 12-14 November 2012, The Minister spoke of his hopes and aspirations for how Kenya intends to manage the new oil reserves which have been discovered â€˜â€˜I want Kenya to be the example of the best management of oil and gas resources in the world, I want to use study the best practices and borrow from them. I have promised that Tukana will never be another Niger Delta.â€™â€™ The Minister explained.
The Energy ministry said the government is keen to learn from the best practices around the world to guide the exploitation of oil in an effort to protect the country from the risks associated with oil. â€œWe are looking at countries like Abu Dhabi, Norway and Ghana which have managed their oil resources fairly well as examples. However, we want to make Kenya a case study of the best management of oil in the world,â€ he said.
The Chairman of the organisers Global Event Partners Kenya, Dr Mukhisa Kituyi agreed saying, â€˜â€˜There is a good narrative that can be developedâ€¦. we must start to grow a transparent state of play exercise where we are all laying on the table what are the best practices around the world, what donâ€™t we want to be and what will make us avoid the wrong path that others have taken so expensively.â€™â€™
The two-day conference 12-14 November in Nairobi is expected to provide a platform for leading East African decision makers to engage with international and local investors on investments opportunities.
"We are honoured to have been engaged by the Ministry of Energy to organise this high level investment summit for the oil & gas industry East Africa," said Dr. Mukhisa Kituyi, the Chairman of Global Event Partners (K). "The minister is securing the presence of the key ministers in the region from Mozambique, Tanzania, Uganda and South Sudan so all the major players will be represented this November," said the former Kenyan trade minister.
Sessions led by government and industry experts at The East Africa Oil and Gas Summit will examine the challenges and opportunities in East Africa from a government and private company perspective, finance, infrastructure projects, pipelines, LNG terminals, security, local content, technology transfer and future projects.