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Find Oil in North East, Buhari Orders NNPC

by on July 28, 2016
 

President Muhamma­du Buhari has directed the management of the Nigerian National Petroleum Corporation (NNPC) to in­tensify oil exploration in the North, specifically in the Chad Basin and Kolmani River.

A statement by Garba Deen Muhammad, the NNPC spokesman, revealed that the Group Managing Director, NNPC, Dr. Maikanti Baru, disclosed this while hosting the Governor of Bauchi State, Mohammed Abubakar, at the headquarters of the NNPC in Abuja on Monday

Baru stated that the Presi­dent’s directive to the corpo­ration to speed up its oil ex­ploration efforts in the region followed the reported discov­ery of hydrocarbons by Shell in the Chad Basin and Kolmani River.

Baru added that the direc­tive had been heeded, as the corporation’s Frontier Explo­ration Services had retooled to commence exploration with the Northern Nigeria Develop­ment Company.

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“Very close home, we have exploration activities on the frontier basin, which is in the Chad; and also there are some areas close to the Kolmani Riv­er where Shell had made in­dicative discovery of hydro­carbons and Mr. President has directed me to go into that area to reprove and further explore the magnitude and prospects of those finds,” Baru disclosed.

“We are taking steps to get into those regions. We will re­invigorate the Frontier Explo­ration and see how they collab­orate with the NNDC that is holding Block 809 where some of the finds have been found. We will also do the same at the DPR for the other blocks that have not been assigned, and work towards proving the pros­pects of that region.

“Now is a very difficult time for us with all the challenges of the leakages that we suffer from infractions of our infra­structure, in terms of pipeline vandalism and theft, to be able to meet obligations to the Feder­ation Account Allocation Com­mittee. We will continue to meet this obligation timely and effec­tively as much as possible.

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“A critical area of support that we will implore you is the secu­rity of our pipelines that trans­verse the state from Jos through Bauchi to Gombe and onwards to Maiduguri and Yola. There have been reported vandalism and we will request you to as­sist us with the necessary securi­ty surveillance to ensure that such acts are brought down,” he stated.

The Governor noted that the reason for his visit to the NNPC Towers was to felici­tate with the new GMD on his appointment, noting that Bauchi state is proud of Baru and his accomplishments so far in the oil and gas industry.

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“We have come to congrat­ulate Dr. Maikanti Baru for at­taining the very prestigious position of the Group Manag­ing Director of the NNPC. We felt it incumbent to be the first to come to the NNPC to con­gratulate the GMD,” he said.

“We are aware of the situa­tion of oil in the internation­al market; everybody is also aware of the internal chal­lenges we are facing in the country. We are hopeful and prayerful that we will sur­mount the internal problems and the price of oil will pick up in the international mar­ket.”

 

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