The Nigerian National Petroleum Corporation, NNPC, Tuesday, disclosed that it is considering the ongoing Ajaokuta-Kaduna-Kano, AKK, gas pipeline across the Sahara to Algeria in North Africa.
In a statement in Abuja, the NNPC also stated that the NNPC was achieving satisfactory progress with oil exploration activities at the Kolmani River II Well, noting that so far, the corporation had drilled 6,700 feet in the well.
Group Managing Director of the NNPC, Mr. Maikanti Baru, explained that the decision to extend the AKK gas pipeline to Algeria was in furtherance of its African integration drive, adding that was also in line with plans to extend the West African Gas Pipeline, WAGP, to Morocco.
Baru, who was speaking when executive officers of the Petroleum Technology Association of Nigeria, PETAN, paid him a visit in Abuja, noted that the target for the Kolmani River well was 14,200 feet, stating however, that the depth could be longer depending on findings.
He explained that President Muhammadu Buhari should be commended for the progress being made on the drilling of the well, adding that prospecting for oil and gas in Kolmani River-II Well was one of the recent forays of the government into inland exploration in parts of the country.
He said the GMD would also serve as chairman of the technical session. The PETAN Chairman explained that the association was committed to the realization of the nation’s four million barrels per day production and 40 billion barrels reserve targets, adding that with Baru’s commitment, the targets would be achieved.