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

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Wike Appoints Musa Idris As New Aide on Procurement

By Joyce Remi- BabayejuThe Minister of the Federal Capital...

Why I Anointed Engr Gubio as My Successor – Gov Zulum

By Achadu Gabriel, KadunaBorno State Governor, Prof. Babagana Umara...

Monarch Raises Alarm Over Threat to Abducted Women, Children in Kwara Community

The traditional ruler of Woro community in Kaiama Local...

From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation

For years, Nigeria’s conversations around economic transformation have been...

Oborevwori Condemns Police Killing, Vows Justice for Slain Delta Youth

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Oborevwori Condemns Police Killing, Vows Justice For Slain Delta Youth

By Anne Azuka Delta State Governor, Rt. Hon. Sheriff Oborevwori,...

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Orette Will Make a Big Difference in the Senate – Urhobo Leaders

Urhobo political leaders on Wednesday endorsed as their preferred...

Bayelsa’s Prosperity Cup Enters Quarter-Final Stage

Quarter-finalists have emerged in the 2026 , widely regarded...

ORETTE WILL MAKE A BIG DIFFERENCE IN THE SENATE – URHOBO LEADERS

The Urhobo political leaders on Wednesday announced Dr. Austin...

Related Articles

Popular Categories

spot_imgspot_img