[Oil and Gas] Anambra State Governor goes to OTC to pitch investors

In a move aimed at boosting investment in the oil and gas sector, one of the four pillars of economic development of the Governor Willie Obiano administration, efforts are being made to woo prospective investors participating in the ongoing Offshore Technology Conference (OTC) in Houston, United States of America.

Obiano will also use the opportunity of the visit to hold discussions with prospective investors and technical partners of the proposed International Cargo Airport at Umueri.

Speaking on the benefit of the conference, governor Obiano said:

“OTC presents us with a viable platform to engage with industry experts and hold further talks with the aim of converting prospective investors to active partners in the development of our immense oil and gas deposits in Anambra. The fact that oil and gas ranks second amongst our four-Pillars of development gives you an idea about the importance we attach to the realisation of our set goals in the sector.

Also, having been an active player in the sector, I am leveraging some of the contacts to ensure we get the best to come and join us in developing our hydrocarbon deposits in a viable and eco-friendly way.”

“Anambra State is blessed with over one billion barrels and 30 trillion cubic feet of oil and gas, most of which are relatively unexploited. Our objective is to have a fully developed and self-sufficient oil and gas sector in Anambra State by 2018. We intend to achieve this through three broad areas of intervention, policy formulation and infrastructure development, private sector participation and community re-orientation,” Obiano emphasised.