Mr. Rick Kennedy
The Chairman of Oil Producers Trade Section (OPTS), Mr. Rick Kennedy, Managing Director, Chevron Nigeria / Mid-Africa Business Unit, called for the institutionalising of the PIA which would define a clear role for industry stakeholders going forward.
He pointed out that traditional oil and gas businesses had a key role to play in Nigeria’s energy transition journey.
According to Kennedy “We’re going to transition to more and more gas. I think that we have all agree with that. That’s our transition fuel and with time, other sources of energy. They’ll become economic, they’ll become readily available.”
Kennedy said the transition would happen at different pace for different countries, adding that Chevron remains committed at present to its traditional oil and gas business.
He also reiterated concern for oil theft which must be addressed by the country moving forward. It will be recalled that other International Oil Companies and multinationals have made same appeal on the aspect of oil theft bedeviling the oil sector.
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