The Petroleum Technology Development Fund (PTDF) is willing to partner oil and gas industry stakeholders for domestication of the Fund’s foreign training programmes.
Dr. Bello Aliyu Gusau, the Executive Secretary of PTDF, who disclosed this at the 15th Annual International Conference of Nigerian Association for Energy Economics (NAEE) and International Association for Energy Economics (IAEE),noted that capacity building has an important role to play in this upward transition from Petroleum to Gas and ultimately to renewable energy.
He was represented at the event by Mr Jide Adebulehin, General Manager, Strategic Planning and Documentation(SP&D).
He announced that PTDF has been in the forefront of developing Nigerian human capacities for the petroleum and gas industry in this regard, adding that the Fund wish to partner with the industry towards the eventual domestication of foreign training programmes.
“In-retrospect, it goes without saying that capacity building has an important role to play in this upward transition from Petroleum to Gas and ultimately to renewable energy. Consequently, the Petroleum Technology Development Fund (PTDF) has been in the forefront of developing Nigerian human capacities for the petroleum and gas industry in this regard.
“Furthermore, we wish to partner with the industry towards the eventual domestication of our foreign training programmes. We are developing world-class Centres of Excellence in-country to cater for the training and research needs of the Nigerian and ultimately, the African oil and gas industry.
“It is our desire that the industry collaborates with us towards the design and delivery of world-class training at these facilities, targeted to meet the needs of ongoing and upcoming projects in the Energy industry.
“The PTDF desires to develop strong relationships with the industry in view of ensuring that the benefits of PTDF capacity building interventions are impeccably achieved through collaborations with stakeholders, sponsorship of research programmes and development of proficiencies in energy economics and other Oil and gas related areas to drive the process of Technology development, acquisition and transfer in the oil and gas industry” he said.
In her remarks,Prof. Yinka Omorogbe, NAEE’s President, emphasized the need to approach the energy transition through science, industry data and hard facts.
Omorogbe recalled a recent quote by the Late Mohammed Barkindo, the Secretary General of Organization of Petroleum Exporting Countries (OPEC) which stated this: ‘The energy transition should not be about picking one energy over another. It needs to be driven by science, industry facts and hard data’.
She explained that the development means embracing all energies and keeping sights on energy security and and reducing emissions.
She recalled that OPEC projects that total primary energy demand will expand by a robust 28% in the period to 2045, stressing that oil is expected to retain the largest share of energy mix, accounting for 28% share in 2045.
