The Nigerian National Petroleum Company Limited (NNPCL) is set to drill the first foot of an oil well in Nasarawa State.
The Group Chief Executive Officer, NNPCL, Mele Kyari, disclosed this on Friday when the Nasarawa State Governor Abdullahi Sule led a delegation of prominent indigenes on a courtesy visit to NNPC in Abuja.
Kyari said that the official spud-in of first oil well in Nasarawa State will commence in March 2023. This, according to him, is in continuation of hydrocarbon exploration activities in Nigeria’s inland basins.
A statement issued in Abuja by the corporation’s spokesperson, Garba-Deen Mohammad, said the results of exploratory activities confirmed the presence of substantial hydrocarbon resources in the state.
Kyari called for prompt action on the project as the global energy transition had led to a reduction in 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 stated.
He added, “Otherwise, 10 years from now, no one will agree to put money in the petroleum business except it comes from your cash flow.”
He said community support and a conducive environment were key to a successful operation in the area, in order to avoid the experience of the Niger Delta.
In his response, the Nasarawa State Governor, Abdullahi Sule, congratulated the NNPC boss on the successful commencement of oil production and the Kolmani Integrated Development Project which was inaugurated in November 2022 by President Muhammadu Buhari.
