The Director of Petroleum Resources, Mr. Mordecai Baba Ladan on Wednesday June 15, 2016 hosted a delegation from the United States Government Bureau of Energy Resources, who visited the Department on a courtesy visit, as part of their 2-day itinerary of Lagos State.
The delegation which was led by Mr. Taylor Ruggles, the US State Department’s Regional Energy Counsellor for Africa, was visiting to have a better appreciation of DPR’s regulatory role in the Nigerian oil and gas industry, and gain insight into areas in which the United States can assist to grow the sector.
Mr. Ladan thanked the delegation for the visit and was particularly appreciative of the offer of support while reiterating DPR’s continued readiness to discharge its statutory responsibilities particularly in ensuring that oil companies operating in Nigeria, including American companies are given requisite support to do business successfully in the country.
The DPR made a technical presentation to the US Energy team titled – ‘THE NIGERIAN OIL AND GAS INDUSTRY: Prospects, Challenges and Opportunities’ to set the scene for the discussions to follow. The presentation focussed on Industry overview, Nigeria’s aspirations and ongoing reforms in the Gas sector. DPR concluded by highlighting contemporary industry challenges and potential areas of collaboration with the US Government.
Responding, the US team expressed appreciation for the useful insights into the Nigerian Oil and Gas Industry provided in the presentation. The team requested for more details on areas where the US can provide assistance in support of Government’s efforts to develop the sector while committing to sustain the engagement with the Department.
The Director of Petroleum Resources, in turn, expressed gratitude for the team’s visit and interest in the development of Nigeria’s Gas Sector. He thereafter pledged DPR’s commitment in furthering the engagement by providing all necessary material and technical information to engender the anticipated mutual cooperation between both organizations and countries by extension.