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    Guardian: Petan Raises Bar for Nigeria's Gas Industry

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Summary

PETAN has expressed optimism for growing participation of indigenous players in a progressive oil and gas industry in the years ahead

by: Sruthi

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Press Notes, Africa

Guardian: Petan Raises Bar for Nigeria's Gas Industry

The Petroleum Technology Association of Nigeria (PETAN) has expressed optimism for growing participation of indigenous players in a progressive oil and gas industry in the years ahead.

The Charman PETAN, Emeka Ene, who disclosed this in an interview with journalists recently, said Nigeria's oil servicing sub-sector is maturing, which is an indication that the local content initiative has come to stay.

Stating that more independent local operators are springing up to hold ace in the sector this year, he emphasized the need to grow capacity and optimal utilization of local expertise.

"What happened last year is setting paste for sustain grow for oil serving companies in Nigeria over the next decade because infrastructures is been built, capacity is being run, irrespective of availability of contract and staff but with a realisation that as far as oil industry in Nigeria goes, there is potential for growth therefore we must invest," he said.
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