Nigeria's Bid to Expand Oil Exploration in Its North Raises Concerns

Abuja — Nigerian President Muhammadu Buhari opened the first oil drilling site in the country's north Tuesday, saying it will bring energy security and economic development.

The Kolmani River Field is located between Bauchi and Gombe states in northeastern Nigeria - a region that has been battling Islamist militants for years. President Buhari said at the launch Tuesday the Kolmani River Field holds up to 1 billion barrels of oil reserves, about 14 billion cubic meters of gas.

Nigeria now ranks seventh on the Organization of the Petroleum Exporting Countries' crude oil production list, according to the group's November oil market tally.

Source: Energy Industry News (energyindustrynews.net)

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