Cabipa Nigeria Limited At APPEC 2024:
Driving Energy Transition And Industry Collaboration
Cabipa Nigeria Limited, actively participated in the 40th Asian Pacific Petroleum Conference (APPEC) 2024, a leading global oil and gas event hosted by S&P Global Commodities Insight. The conference highlighted key trends in the energy industry, including:
The evolution of alternative fuels
The role of LNG
The complexities of carbon markets
The investment landscape for energy transition projects
A major takeaway from the event was the continued relevance of fossil fuels, with over $100 billion invested in crude oil in Asia in 2024, underscoring the industry’s measured approach to transitioning to sustainable energy.
Our Managing Director, Chibuzor Chiadikobi, was a featured speaker in the session “Navigating the Waves of Net Zero: The Future of Shipping and Bunker Fuels.” His discussion focused on the need for:
A fair and adaptable regulatory framework for emerging markets
Increased strategic collaborations
Joint industry projects (RFPs, EOIs) to accelerate a just energy transitions
As Cabipa continues to expand its footprint in the energy sector, we are leveraging these insights to strengthen our Energy Free Trade Zone (E-FTZ) initiative, expand partnerships in carbon trading, LNG, and hydrogen projects, and position Nigeria as a regional hub for alternative fuels and sustainable energy investments.