NNPC Tasks NAPE on National Hydrocarbon Reserves

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has urged the National Association of Petroleum Explorationists (NAPE) to explore the hydrocarbon potentials of green frontier basins in order to increase the depleting reserves in the country.

Dr. Baru gave this charge when he received the leadership of NAPE led by its National President, Mr. Nosa Omorodion at the NNPC Towers, Abuja.

The GMD described the Association 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.

He urged NAPE to play the 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.

Earlier, the National President of NAPE, Mr. Omorodion said the primary objective of the Association is to promote excellent ideas in the exploration of hydrocarbon which has translated contributed into the passage of landmark legislations like the Local Content Act.

He felicitated with the GMD on his well-deserved appointment saying that NAPE will confer on him a Honourary Membership award which is the highest award from the Association due to his outstanding track records in the Nigerian Oil and Gas Industry in November this year.