Chief Executive Officer, OTL Africa Downstream Energy Week, Mrs. Joyce Akubuogu, has said Nigeria’s changing downstream market will receive particular attention at the forthcoming OTL Africa Downstream Energy Week.
She said a session on “Competition in Nigeria’s New Downstream Market: Balancing Market Power, Investment and Consumer Protection,” will address the challenges.
She stated that the discussion will examine how the market can encourage investment and domestic refining while sustaining fair competition, efficient distribution and consumer confidence. Investment must deliver value across the energy chain.
Seaking at pre-conference media conference, in Lagos on Friday, she stated that refiners need dependable feedstock and access to markets;.
She added that traders and marketers need predictable rules and efficient logistics; consumers need quality products and reliable supply.
According to her, bringing these interests together is essential to building a competitive industry that supports shared prosperity.
Akabuogu said: “Africa’s downstream and midstream energy industry will converge at the Lagos Oriental Hotel from 25–30 October 2026 for the 20th anniversary edition of OTL Africa Downstream Energy Week, under the theme “Secure Energy, Shared Prosperity.”
“The strategic conference and trade exhibition will run from 26–29 October, bringing together policymakers, regulators, operators, investors and service providers from across Africa and beyond.”
She added: “The conference programme will address regulatory convergence in African oil and gas markets; developments in West African fuels markets; integrated petroleum operations; and Africa’s energy outlook.
“Specialist sessions will examine feedstock strategy and refinery competitiveness, future forecourt solutions and changing customer behaviour, gas and renewables infrastructure, and opportunities in lubricants and petrochemicals.”
She stated that dedicated finance and logistics forums will consider how to mobilise capital for energy businesses and infrastructure, improve tanker shipping and product distribution, and strengthen resilience against supply disruptions.
She added that across these discussions, the emphasis will be on practical commercial and policy responses to Africa’s energy needs.
“Alongside the conference, the OTL trade exhibition will provide a platform for companies to showcase products, technologies and services, meet prospective customers and develop partnerships across refining, trading, shipping, storage, logistics, retail, gas and related industries.”
She said that the anniversary programme includes the 20th Anniversary Industry Dinner and Awards, the Founders’ Fireside Forum, networking engagements and a scheduled Dangote Refinery tour.
She added that these activities will combine recognition of the industry’s achievements with opportunities to examine its future.
She noted that since its inception in 2007, OTL Africa Downstream Energy Week has provided a sustained platform for industry dialogue, business development and engagement between public institutions and private enterprise.
She stated that its twentieth edition will celebrate that journey while focusing attention on the cooperation and investment required for Africa’s next phase of energy development.
Akabuogu said: “This year’s gathering will address a central question for African economies: how can the continent translate its energy resources, growing refining capacity and expanding markets into dependable supply, competitive businesses and tangible benefits for consumers?
“The anniversary edition comes at a consequential moment for Africa’s energy industry. Changing petroleum trade flows, geopolitical uncertainty, foreign-exchange pressures and the cost of finance continue to test supply resilience.
“At the same time, investment in refining, gas, storage, logistics and emerging energy solutions presents opportunities to strengthen African production, deepen regional trade and retain more economic value within the continent”.
She added: “Africa’s energy security must be measured by what businesses and households experience: reliable supply, assured quality and costs that allow enterprise and everyday life to thrive.
“Our theme, ‘Secure Energy, Shared Prosperity,’ connects those needs with the investment, innovation and cooperation required to meet them. OTL 2026 will bring the people who shape these outcomes into the same room. Regional energy market integration will be a central focus.
“Discussions will examine how greater regulatory cooperation, compatible product standards, efficient trade corridors and improved infrastructure can connect African markets.
“The programme will also explore the opportunities presented by the African Continental Free Trade Area to strengthen petroleum-products trade and support industrial development.”
