Petroleum industry bill: senate assures international oil companies bill consider their challenges

0
76
senate

International Oil Companies have tasked the Senate to use the Petroleum Industry Bill, PIB, as an opportunity to create a conducive environment for oil and gas operators.

This was as a delegation of member companies from the Oil Producers Trade Section, OPTS, led by the Managing Director of Total Nigeria Plc, Mike Sangster, and others from Exxon Mobil, Chevron Nigeria, Eni, and Shell Petroleum Plc paid a courtesy visit to the President of the Senate, Ahmad Lawan.

They said that there is a need to use the attempt to draft a new Petroleum Industry Bill to address the challenges of oil majors.

Senator Lawan expressed the commitment of the Senate to ensure that Nigerians benefit from the abundant oil and gas resources within the country.