Oil Exploration Resumes in Nigeria’s OML 25

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OML 25

IFN TV NEWS DESK

 

Production can now resume at the Oil Mining Lease 25 in Rivers state Nigeria after two years of closure. Activities marking this were hosted in Kula on Saturday in an occasion that had the Minister of State for Petroleum, Timipri Silva and the Group Managing Director of the Nigeria National Petroleum Corporation Mr. Mele Kyari leading the Federal Government team to the flow station. Mr. Silva advised Niger Delta youths to embrace peace and change strategy so as to attract more development projects to their communities.

OML 25

 

Our West Africa Bureau Chief Ndume Green reports that following the resolution of the 2-year dispute over operatorship of OML 25 flow station, production can now resume.

The Federal Government delegation also used the opportunity to reassure the people that going forward they would reap the dividends of oil exploration in their communities. They urged the people of Kula, Belema and Ngeje communities to shun acts of violence that can negatively affect this new path of progress. Mr. Ijego Dickson from Kula community who spoke to IFN TV during the event said the reopening of OML 25 flow station has brought hope to the host communities who now look forward to better infrastructure, empowerment and employment opportunities.

CEO/Founder Belema Oil thronged by youths of the community during the event

 

To further reassure the people that indeed better days lie ahead, the delegation also flagged off commencement of different projects aimed at improving lives cutting across new primary and secondary schools, a new city, a new mall, a new market, a model accommodation center and the official commissioning of the Kula water project built by the joint partners.

 

Speaking to newsmen during the event, CEO/Founder of Belema Oil Mr. Jack-Rich Tein said the event was an indication that the cry for recognition by the people had been recognized by the Federal government of Nigeria.

 

Before now, dispute over the Oil Mining Lease – OML 25 in Rivers state had set the communities at daggers point with Oil giant, Shell Petroleum Development Corporation—SPDC.

 

Prototype of the new Kla City to be built by Belema Oil

The issue was later resolved when the feuding group signed a closure agreement in the Nigerian capital Abuja. Estimated figures put the loss that the shutdown of OML 25 cost Nigeria at billions of Dollars.

 

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