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

Goronyo Urges Stronger Professional Networks to Drive Sokoto’s Development

By Jabiru HassanThe Minister of State for Works, Rt....

2027 Nasarawa Governorship: Barade Movement Urges Dr. Musa Ahmed Muhammed to Contest

By Abel Zwanke, LafiaA socio-political group, the Barade 2027...

New Bayelsa CP Vows Zero-Tolerance For Crime, Oil Theft

By Kumo AmgbareCP Daniel Iyamah has officially assumed...

EFCC Arraigns Bauchi Finance Commissioner Over Alleged N5.7bn Money Laundering

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

10 States Plan N4.3tn Borrowing to Fund 2026 Budgets

Ten states are planning to raise about N4.287tn through...

Prince Miaphen Praises Senator Lalong’s Political Maturity and Statesmanship

By Israel Adamu, JosComrade Prince Miaphen, a former Acting...

Bayelsa Media Network Awards Honour Ogoun, Theophilus Moses, Sokari at 7th Edition Ceremony

The Bayelsa Media Network Awards (BMNA) on Friday celebrated...

Kogi Government Vows Crackdown on Criminals, Pledges Rescue of Kidnapped Victims

By Noah Ocheni, LokojaThe Kogi State Government has reaffirmed...

Senate to Enact Laws to Back Tinubu on Recovery of Trillions in LG Funds, Says Sen. Karimi

By Noah Ocheni, LokojaThe Senator representing Kogi West Senatorial...

FG withdraws criminal defamation charges against Natasha Akpoti-Uduaghan

The Federal Government has formally withdrawn the criminal defamation...

Why phones may cost more with lower specs in 2026

Smartphones and laptops could become more expensive in 2026,...

Related Articles

Popular Categories

spot_imgspot_img