President Muhammadu Buhari has ordered for
intense search for hydrocarbon prospects in Chad Basin and the North Eastern
part of Nigeria.
The President’s directive is coming on the
heels of the fruitless search for oil in the region with $1 billions spent
without commercial discovery of crude oil.
Group Managing Director of the Nigerian
National Petroleum Corporation (NNPC), Dr. Maikanti Baru, made the disclosure
Monday, while receiving the Governor of Bauchi State, Mallam Mohammed Abubakar,
during a courtesy visit to the NNPC Towers in Abuja.
Baru informed that the renewed search for
hydrocarbon deposits in the Chad Basin would entail extensive probing of some
allocated and non-allocated oil blocks in the region with a view to
establishing the magnitude of their deposits.
The NNPC GMD noted that the Corporation has
identified specific oil blocks in the area where some of the finds have been
made and would move to re-invigorate exploration based on fresh strategy.
“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. Now, Mr. President has
directed me to go into that area to further explore the magnitude and prospect of
those finds.
“We are taking steps to re-strategise 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 for the Department of Petroleum Resources (DPR) to assign
redundant blocks,” he said.
Baru implored the Bauchi State governor to
collaborate with the Corporation in tackling the menace of pipeline vandalism,
especially in the wake of reported line breaks along the NNPC products supply
line from Jos-Gombe-Bauchi, enroute the
Maiduguri depot.
In his opening remarks, Mallam Abubakar, said
he was leading a delegation of Bauchi State government officials to the NNPC
Towers to felicitate with the new GMD on his appointment, noting that Bauchi
State was proud of Baru and his accomplishments so far in the oil and gas
industry.
On
Baru’s elevation to the position of GMD,
Abubakar stated that the government and people of the state will
continue to support and pray for the GMD to ensure that his dreams for the NNPC
come to fruition
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