OPEC URGES AFRICA TO DEVELOP 120 BILLION BARRELS OF OIL RESERVES

The Secretary-General of the  Organisation of the Petroleum Exporting Countries,  Haitham Al-Ghais has tasked Africa to unlock its proven oil  of over 120 billion barrels.

Al-Ghais, made this known while delivering a keynote address titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier”, at the ongoing Nigeria International Energy Summit 2025 in Abuja, Nigeria on Tuesday.

He also said that Africa with around 18 trillion standard cubic metres of natural gas, was a testament to the continent’s crucial role in the global energy landscape.

He said that the vast resources at Africa’s disposal should not be disregarded or neglected merely to accommodate the energy transition agenda pushed by Western nations.