x

NNPC To Resume Oil Search In Lake Chad Next Week – Kyari

Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari has said that they will resume oil search in Lake Chad next week.

Kyari who made the announcement on Monday, May 15, during a courtesy visit to the Abuja headquarters of Media Trust Group (MTG), said oil search in the Lake Chad basin was stalled for over five years due to insurgency in the North East.

He said the discovery of oil in viable commercial quantities in Kolmani River (upper Benue trough) between Gombe and Bauchi states last November gave positive signals for more efforts in Lake Chad.

Kyari said;

“It was the Kolmani that helped us to locate a position in Nasarawa State. It is the same reason that by next week, we’ll spud in another well in the Chad Basin. Mr President directed us over a year ago that we should go back to the Chad Basin and continue exploration work.

“Security of our workers is the most important element of our work. We have assessed the environment and we know that substantial peace has been regained in the Chad Basin. Communities have returned to their locations and their villages. You do not hear of incidents and there is substantial containment of this.

“And we’re also working very closely with the security agencies; the state government to make sure that staff are safe, our equipment are safe. I will have no doubt that the safety of our staff is assured and that’s why we are going back because there is relative safety in the location.”

On the status of the discovered oil in Kolmani and the search in Ebenyi A, Kyari said;

“Our first focus is to deliver the in situ refining experiment and when Mr President flagged off the Kolmani River well, we promised we will get it done in 36 months and we’ll deliver it. Our rig is drilling in Nasarawa and our team is on site, continuously working and we are very optimistic.”

Hot this week

Nwonyo Fishing Festival, a Potential Tourism Hub—Tpl Galadima

By Joyce Remi- BabayejuA former FCDA Senior Special Assistant...

FIFA Rejects Iran’s Request to Move World Cup Matches from U.S.

FIFA has declined a request from Iran’s football federation...

Why Nigerian Journalists Must Respect the One-China Principle

Nigeria’s foreign policy is neither accidental nor negotiable. It...

NITDA Pursues Total Cyber Resilience, Drives Nigeria’s Digital Transformation Agenda

The National Information Technology Development Agency (NITDA) is intensifying...

FG Affirms Strengthened Migration Framework to Support National Security and Investment Facilitation

By Francis WilfredThe Federal Government has reaffirmed its commitment...

Amagbein Distances Self From Alleged Plot To Disrupt Pro-Tinubu Campaigns Over Pipeline Surveillance

By Our CorrespondentNiger Delta ex-agitator, self-styled General Endurance Amagbein,...

FCT NUT Strike Disrupts School Resumption Ahead of WAEC Exams

By Joyce Remi-BabayejuSchool resumption across the Federal Capital Territory...

Borno: Bandits allegedly blocked Buratai, Damaturu road, abducted 30 Wednesday 

By Achadu Gabriel, Kaduna Bandits suspected to be Boko Haram...

IHR Applauds Kebbi pilgrims Board For Early Flight Manifest Release, Urges Others To Follow Suit.

By Jabiru Hassan.A faith-based civil society organisation, Independent...

Ibeno Clan rebukes Eket, Esit Eket over ownership claims of community

By Ogenyi Ogenyi,UyoThe Ibeno Clan Council has condemned what...

Arsenal’s Next Five Fixtures Across All Competitions

Arsenal FC are approaching a crucial phase of the...

Gary Neville Likens Man United Prospect to Ramos and Pepe After Chelsea Display

Gary Neville has praised Ayden Heaven following his standout...

Manchester United’s Next Five Premier League Fixtures

As the season approaches its decisive final stretch, Manchester...

Related Articles

Popular Categories

spot_imgspot_img