FG to begin oil production in the Northeast
Timipre Sylva, the Minister of State for Petroleum Resources has disclosed that the Federal government will soon begin oil exploration in the northeast.
This disclosure was made by Sylva during an interview with Channels TV on Monday, February 8.
“I have said it a few times that we have found oil in the northeast and we have started drilling activities in the Lake Chad Basin. I don’t know how the discovery of oil in the area will impact all the issues there but on our side, we believe that in a very short time, we will start production.”he said.
In other news, WITHIN NIGERIA reported that the northern part of Nigeria has joined the league of oil-producing regions, as the Nigerian National Petroleum Corporation, NNPC, Friday, announced that it has discovered crude oil, gas and condensates in the Kolmani River region at the border community between Bauchi and Gombe states.
In a statement in Abuja, the NNPC, disclosed that the find was coming after eight months of crude oil exploration in the area, in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country.
Specifically, the Drilling of the Kolmani River II Well was flagged-off in a colourful ceremony by President Muhammadu Buhari on the 2nd of February, 2019.
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