OTL Africa 2023: Experts in downstream oil, gas value chains converge in Lagos to discuss refining, trading, logistics, marketing, govt policies

Oredola Adeola

More than 50 experts in downstream oil and gas value chains are expected to converge in Lagos for the 17th edition of the OTL Africa Downstream Energy Week, (“OTL Africa Downstream”) to discuss issues with oil refining, petroleum products trading, shipping, tank storage, logistics, marketing and retail, LPG, lubricants, petrochemicals, power, financial services, and the Federal Government’s policies.

The OTL Africa Downstream Energy Week (“OTL Africa Downstream”) which is scheduled to begin from Monday, October 23 to Thursday, October 26, 2023, is organized in collaboration with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other strategic partners.

Dr. Emeka Akabogu, Executive Vice Chairman, OTL African, in a statement obtained by EnergyDay, confirmed that the 2023 edition of the event is significant, being the first under the new administration at a time of much policy concern for petroleum products markets.

According to him, the industry regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority is expected to provide insights into the implementation of changes arising from the Petroleum Industry Act.

Dr. Akabogu further emphasised that the Ministry of Petroleum will be available to offer guidance on the industry’s policy direction.

The organiser mentioned that OTL Africa Downstream Energy Week encompasses end-to-end operations and services in midstream and downstream business, incorporating a strategic conference, showcase exhibition, and networking events.

It was further revealed that at least fifty speakers are expected through the duration of the four-day event, which will also see a showcase of innovations, services, and technology at the OTL Trade Exhibition, with leading industry brands on hand to engage with the market.

Focus areas include oil refining, petroleum products trading, shipping, tank storage, logistics, marketing, and retail, in addition to LPG, lubricants, petrochemicals, power, financial services, and policy.

EnergyDay’s check showed that the OTL Africa Downstream Energy Week has over the past seventeen years been at the forefront of setting an agenda, promoting business and operations in downstream energy markets.