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Buhari Inaugurates 1bn Barrel Kolmani Oil Reserves In N/East

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President Muhammadu Buhari on Tuesday inaugurated the Kolmani Integrated Development Project at Kolmani River II Oil Field located at a border community between Bauchi and Gombe States.

Buhari expressed joy over the discovery of over one billion barrels of oil reserves and 500 billion Cubic Feet of Gas within the Kolmani area as well as the huge potentials for more deposits as exploration efforts had been intensified.

Dandal Kura Radio International reports that the President accompanied by some governors and other cabinet members performed the official ground-breaking ceremony of the Oil Prospecting Lease (OPLs) 809 and 810 at the Kolmani River II Well.

The Nigerian National Petroleum Company (NNPC) Limited, in October 2019, announced the discovery of crude oil, gas and condensate in the Kolmani River.

The oil field would be developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and the NNPC Limited.

The President urged the NNPC Ltd, NNDC, and their Strategic partners to ensure all lessons learnt from the years of experience as an oil-producing nation are utilised to ensure harmonious relationship with the local communities.

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