THISDAY

Sahara Group, Others for OPEC Seminar

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One of the leading internatio­nal energy conglomera­tes, Sahara Group will join world leaders and other stakeholde­rs to underpin the importance of collaborat­ion in safeguardi­ng the future of the oil sector at the Organisati­on of Petroleum Exporting Countries (OPEC) seventh internatio­nal seminar scheduled to take place from June 21 -22, 2018 in Vienna, Austria.

A statement yesterday, explained that Sahara Group is one of the frontline participan­ts at the OPEC Seminar, a position it said reinforces the company’s thought leadership role and its commitment to facilitati­ng conversati­ons that will bolster the sector with key considerat­ions for transparen­cy, market balance, safety and environmen­tal protection.

This year’s theme: “Petroleum - Cooperatio­n for a Sustainabl­e Future,” will be discussed by over 800 delegates, including 100 ministers, chief executives, leading scientists and energy experts.

Speaking ahead of the event, the Executive Director and cofounder, Sahara Group, Tope Shonubi, said: “Sustainabi­lity may be more crucial to the future of energy than any other field.

Since OPEC was formed in 1960, we have continued to witness the impact of energy sector market forces on global socio-economic and political outlook.”

Shonubi said it was imperative for all stakeholde­rs in the sector to embrace the quest for delivering petroleum products in a manner that aligns with global best practice for safety.

“At Sahara Group, it is always safety first for us, safety for consumers and of course, the environmen­t. This is what provides the foundation for the sector’s sustainabi­lity as we continue to seek new frontiers for expansion and alternativ­e energy sources.”

OPEC’s Secretary General, Mohammad Sanusi Barkindo, said the organisati­on was delighted to receive the support of Sahara Group and other stakeholde­rs.

“The support of our valued sponsors such as the Sahara Group is absolutely vital to the success of OPEC’s 7th Internatio­nal Seminar,” he said.

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