The Petroleum Training Institute (PTI) says it is strategising on policies to spur the industry’s growth and lay a solid foundation for transitioning into cleaner energy sources.

Henry Adimula, the PTI chief executive, said this while addressing the journalists concerning the institute’s forthcoming third Biennial International Conference on Hydrocarbon Science and Technology (ICHST).

The conference is scheduled to be held in Abuja from October 23 to 24. The conference, organised in collaboration with the Nigerian National Petroleum Company Limited (NNPC Ltd) Academy and RTI and African Petroleum Producers Association (APPO), is hosted by the Petroleum Technology Development Fund (PTDF).

Mr Adimula said apart from formulating practicable policies, which the conference aimed at achieving, it also looked forward to considering evolving technology needed for future development and its workforce during policy implementation.

“The whole world is in a phase, transiting from our traditional source of energy to a cleaner form of energy, which provides a lot of opportunities but comes with challenges which we must surmount,” said the PTI chief. 

Mr Adimula added, “The challenges are on issues of financing, government policies and regulations and how they affect our proposed match to finding a cleaner source of energy and at the same time not creating problems of energy poverty.”

(NAN)