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Commodity: Buhari launches oil drilling in the Chad Basin region

29/05/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Le mardi dernier, le président du Nigeria, Muhammadu Buhari, has launched the resumption of physical exploration for crude oil and gas in the Chad Basin region.

During the drilling campaign for the Wadi-B well, which took place in the northeastern state of Borno, the Nigerian president announced that “crude oil and gas exploration activities have been underway in the Chad Basin since 1976 and I am aware of the discovery of a non-commercial gas in the Wadi-1 well in 1985.” For him, the country will benefit immensely from a positive outcome of the operations, as there will be an increase in domestic reserves and production of crude oil and gas, strengthened national energy security, and greater prosperity for

Nigerians.
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