image

Tuesday 26 July 2016

President Buhari orders NNPC to intensify search for oil in the North East


President Buhari has ordered the Nigerian National Petroleum Corporation, NNPC, to intensify its search for oil in the north east region of the country. Group Managing Director of NNPC, Maikanti Baru disclosed this when Bauchi state governor Mohammed Abubakar paid him a courtesy visit in Abuja yesterday July 25th.

According to him, President Buhari has directed the NNPC to go into that area to improve and further explore the magnitude and prospect of finding oil...


“You know that very close home, we have exploration activities on the frontier basin in the Chad and some areas close to the Kolmani river where Shell had made some indicative discovery of hydrocarbons and Mr. President has directed me to go into that area to reprove and further explore the magnitude and prospectivity of those finds. We are taking steps to re-strategize and get into those regions. We will re-invigorate the frontier exploration and see how they collaborate with NNPC that is holding Block A09 where some of the finds have been made and also Department for Petroleum Resources, DPR, for the other blocks that have not been assigned”he said

No comments:

Post a Comment