The committee tasked by the African Petroleum Producers' Organization (APPO) with selecting a headquarters for the African Energy Bank intends to visit Ghana and Nigeria.

The committee held Monday its third meeting, headed by the Libyan Minister of Oil and Gas, Mohamed Oun, in his capacity as chairman of the committee, via a closed session, in the presence of all members of the committee and the Secretary General of APPO.

The Ministry of Oil and Gas said on its Facebook page that the meeting saw an agreement to contact both Ghana and Nigeria regarding coordinating a visit to the headquarters proposed by them to host the African Energy Bank, in order to match the criteria and principles set by the committee for choosing the host country.

The Ministry added that, at the conclusion of the meeting, Oun extended his thanks and appreciation to the committee members and to the APPO Secretary General for the serious participation and valuable comments that influenced the discussion.

APPO wants to establish an energy bank in order to confront the challenges facing African countries in extracting oil wealth, and in benefiting from it in the transition to producing renewable energies, in addition to supporting oil industry projects, and the general development of African member states.