The Nigerian National Petroleum Corporation (NNPC) is to collaborate with the Republic of Niger in the area of sharing of geological data to further boost the ongoing exploratory activities in the Chad Basin and Benue Trough.

The Group Managing Director of the NNPC, Dr. Maikanti Baru, stated this after a bilateral discussion with the Minister of Energy and Oil of the Republic of Niger, Hon. Foumakoye Gado in Abuja. According to Dr. Baru, there is an understanding between the NNPC and the Republic of Niger to share data on the exploratory activities in the Chad Basin and the Benue Trough and to tap into that country’s experience. He also disclosed that there were plans to collaborate on the possibility of having crude oil supply from Niger to the Kaduna Refining and Petrochemical Company (KRPC).

“We plan to set up the technical team to review the possibilities of how crude oil will be supplied to Kaduna refinery. Being bilateral, there are going to be two teams as discussed by the Minister of State, Petroleum Resources and the Minister of Energy and Oil of Niger. There will be steering committees comprising some Ministers and a technical committee which will involve the NNPC and the Nigerien Ministry of Energy and Oil and their operators,” Dr. Baru revealed.

On his part, the Nigerien Energy Minister, Hon. Gado said that his visit is to discuss issues of interest especially in the area of the Oil Sector with the Corporation adding that the procurement of crude oil for Kaduna refinery and its practicability is being worked out.

“One of the aims of this visit is to share geological information for us to draw the best profit out of the exploratory efforts,” Hon. Gado averred.

EnergyNews
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