| Summary/Abstract |
AT THE OPENING CEREMONY of the 21st Nigeria Oil and Gas (NOG) Conference and Exhibition in Abuja, Nigeria, on July 5, 2022, then-secretary general of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo deplored the current alarming situation in the world oil and gas market. "Our industry is now facing huge challenges along multiple fronts, and these threaten our investment potential now and in the longer term. To put it bluntly, the oil and gas industry is under siege!"1 he said.
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