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

Ganduje Lauds Mariya Mahmoud’s Grassroots-Driven Empowerment Initiative in Kano

By Joyce Remi-BabayejuFormer First Lady of Kano State, Prof....

Nnamdi Kanu: ‘Very Useless Guy’ – Chiefpriest Blasts Fayose Over Comment on Igbos’ Alliance With Tinubu

Nigerian socialite, Okechukwu Pascal, popularly known as Chiefpriest, has...

Olukoyede Cautions REDAN against Exposure to Financial Crimes

By Francis WilfredThe Executive Chairman of the Economic and...

Woro Massacre: The Human Cost of Nigeria’s Insecurity

By Sam AgogoThe massacre in Woro village, Kwara State,...

Kaduna Communities Praise Defence Minister’s Free JAMB Registration Scheme

Communities across Kaduna State have welcomed a free Joint...

Commodore Okokota Takes Over Command of NNS SOROH

Commodore Christian Okokota has officially assumed duty as the...

Uba Sani: I Will Make Kaduna an Industrial Hub

By Achadu Gabriel, KadunaGovernor has reiterated his administration’s commitment...

Diri Inaugurates APC Coordinators, Warns Against Division

Bayelsa State Governor, Senator , has inaugurated local government...

Alleged Passport Substitution: CSO Raises Alarm Over Irregular Practices in Some States

By Jabiru HassanA civil society organisation, Independent Hajj Reporters,...

Peace Envoy, Prof. Kwaja, Defects to APC in Plateau

By Israel Adamu, JosThe Special Envoy on Peace and...

Tems Becomes First African Female Artist with Seven Billboard Hot 100 Entries

Grammy-winning Nigerian singer Tems has made history as the...

Joe Adia Calls for Balanced Approach to NDDC Payments and Programmes

Joe Adia, Founder of the Contractors Association of the...

Related Articles

Popular Categories

spot_imgspot_img