onlinenewsngr
  • Home
  • News
  • Entertainment
  • Economy
  • Health
  • Education
  • Politics
FREE SUBSCRIPTION
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Economy
  • Health
  • Education
  • Politics
No Result
View All Result
onlinenewsngr
No Result
View All Result

Crude in commercial quantity discovered in Upper Benue Trough– NNPC

November 20, 2020
in News
Kindly share this post

The Nigerian National Petroleum Corporation on Thursday said the volume of crude oil discovered in Benue Trough was in commercial quantity .

It said Nigerian geologists were spearheading efforts in the discovery of the commodity in the trough .

The corporation ’ s Group Managing Director , Mele Kyari , disclosed this in a statement issued in Abuja by NNPC ’ s spokesperson , Kennie Obateru .

In October last year , NNPC announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin , in the North Eastern part of Nigeria.

In its statement on Thursday , the NNPC said it would grow the nation’ s hydrocarbon reserves to 40 billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country .

Kyari said the strategy was to aggressively explore for more oil in the frontier basins in order to grow the nation’s reserve base in line with the Federal Government’ s aspiration to hit the 40 billion barrels reserve target .


Kindly share this post
Tags: BenueNNPC

Related Posts

Osun State

Oyetola to residents: Wear your face masks

March 7, 2021
Sunday Dare

Sunday Dare commends FG’s cash grant for 5,000 Oyo women

March 7, 2021

Abiodun to NASS: Ogun State needs agro-cargo, not passenger airport

March 7, 2021

Massive shake-up as Army moves over 100 generals

March 7, 2021

WHO, FG pledge support for Katsina based Hearing Agency

March 6, 2021

BREAKING: Buhari, Osinbajo receive COVID-19 vaccine jabs

March 6, 2021

Latest

BBNaija Lockdown returns with top highlights

Supreme Court hears Dickson’s appeal against disqualification suit

Oyetola to residents: Wear your face masks

Sunday Dare commends FG’s cash grant for 5,000 Oyo women

#EndSARS: How our husbands were killed, widows

Serie A: Ronaldo fires blank as Juventus beat Lazio

Prev Next

© 2019 onlinenewsngr

Navigate Site

  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Advert Rates
  • Terms

Follow Us

No Result
View All Result
  • Advert Rates
  • Free Subscription
  • Home
  • News
  • Entertainment
  • Politics
  • Economy
  • Education
  • Health

© 2019 onlinenewsngr

onlinenewsngr