NNPC charges NAPE to improve hydrocarbon reserves

Dr. Maikanti Baru, GMD, NNPC


31 August 2016, Sweetcrude, Abuja – Opting to spare nothing to chance to replenish Nigeria’s depleting hydrocarbon reserves, the Nigerian National Petroleum Corporation, NNPC, has charged the National Association of Petroleum Explorationists, NAPE, to explore the hydrocarbon potentials of green frontier basins.

NNPC’s Group Managing Director, Dr. Maikanti Baru, made this charge when he received the leadership of NAPE led by its National President, Mr. Nosa Omorodion, at the NNPC Towers, Abuja.

President Muhammadu Buhari had recently charge the NNPC to explore for oil in the northern region of the country and the Benue Trough.

Passing the baton to NAPE, Baru urged them to play a key role of promoting public- private partnership in the exploration of some of the green frontier basins, noting that the Federal Government would be willing to make provisions for incentives for such prospective investors.

The group managing director described NAPE as a very important part of the oil and gas industry in promoting policy formulations that have led to the growth of exploration of hydrocarbon resources in the country.

NAPE’s National President, Mr. Omorodion, said the primary objective of the association was to promote excellent ideas in the exploration of hydrocarbon which has contributed to the passage of landmark legislations like the Local Content Act.

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