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Important oil summit in Spain

On the exhibition
floor at the last North
Africa Oil and Gas
Madrid. Spain — ESI-AFRICA.COM — 26 August 2011 – For the first time since the crisis in North Africa, new leaders of regional national oil companies (NOCs) will meet for the 6th annual North Africa Oil & Gas Summit on October 26 and 27 to talk about investment in the oil and gas industry in the region.

The organisers report that some 350 oil and gas industry experts are expected to gather for the event, and the agenda will include discussions on new investment potential, the future of LNG export and upcoming licensing rounds in the post-Arab spring period.

Key sessions at the Summit include:

  • Possible scenarios for re-entering the Libyan market
  • Overview of the upcoming licensing rounds “’ country focus
  • Operational challenges, safety and risk management in North Africa
  • Latest updates on the field developments in North Africa
  • Future of global LNG export
  • Shale gas and hydrocarbon potential-future investments

North Africa Oil & Gas Summit director Sladjana Franovic says the event is taking place in Madrid because of Spain’s long-standing role as investor in North African countries. Spain traditionally has good relations with North Africa, and its oil and gas business is very dependent on this region.

She adds that the three largest Spanish oil and gas companies, Repsol, Cepsa and Gas Natural, all have joint ventures with North African national oil companies on different upstream and downstream projects. “They are all represented at and taking part in The North Africa Oil & Gas Summit,” she confirm