The Nigerian National Petroleum Corporation (NNPC) says it will resume crude oil search in the Chad basin immediately it gets clearance from security agencies in the country. The Group Managing Director, Dr Maikanti Baru made the disclosure during a courtesy visit on him by Governor of Bauchi State, Senator Bala Mohammed in Abuja on Wednesday. He insisted that the prospect of finding oil in the Chad Basin was high. He pledged the support of NNPC on the proposed Institute of Petroleum Studies to be established in Bauchi State University. The NNPC boss said oil search in the Chad Basin was suspended after a team of its Frontier Exploration Services and their consultants from the University of Maiduguri were attacked and some of them abducted on July 25, 2017.

Source: The Guardian June 19, 2019 19:07 UTC