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NNPC To Begin Drilling Of Oil Well Discovered in Nasarawa Soon – Kyari

by Present Nigeria
January 15, 2023
in Business, News
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NNPC To Begin Drilling Of Oil Well Discovered in Nasarawa Soon – Kyari
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Group Chief Executive Officer, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has announced the discovery of oil in Nasarawa State.

NNPC disclosed this in a series of tweets on Friday, after a visit to Kyari by the Governor of Nasarawa State, Abdullahi Sule, saying the official spud-in of first oil well in the state will commence in two months.

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Kyari said available data confirmed the presence of hydrocarbons in Keana, a local government area in Nasarawa state.

The NNPC GCEO noted that the discovery is in continuation of hydrocarbon exploration activities in Nigeria’s inland basins.

He called for immediate action on the project as the global energy transition is leading to reduced investment in fossil fuels.

“This work must be done very fast because the whole world is walking away from fossil fuel due to energy transition, the earlier you go to market, the better for you,” Kyari said.

“Otherwise, 10 years from now, no one will agree to put money in the petroleum business except it comes from your cash flow.”

A tweet shared by NNPC read; 

“Group CEO @nnpclimited @MKKyari announced today that the official spud-in of first oil well in Nasarawa State will commence in March 2023.

“This, according to @MKKyari, is in continuation of hydrocarbon exploration activities in Nigeria’s inland basins.

“@MKKyari disclosed this while receiving in audience a delegation of prominent Nasarawa State indegenes, led by the State Governor, Engr. Abdullahi Sule at the #NNPCTowers, Abuja, earlier today.”

This comes less than two months after President Muhammadu Buhari flagged off the Kolmani Integrated Development Project in the North-East.

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