President Muhammadu Buhari has officially launched the Kolmani Integrated Development Project (KIPRO), which is located on the border of Bauchi and Gombe states.
The KIPRO is an Oil Prospecting Licence (OPL) 809 and 810 at the Kolmani field site in the Upper Benue Trough’s Gongola Basin.
Several dignitaries attended the ceremony on Tuesday, including Bola Tinubu, the All Progressives Congress presidential candidate (APC).
The first phase of the project is expected to include an in-situ oil refinery with a capacity of up to 100,000 barrels per day, a gas processing plant with a capacity of up to 500 million standard cubic feet per day, a power plant with a capacity of up to 300MW, and a fertiliser plant with a capacity of 2,500 tons per day.
“This is indeed significant considering that efforts to find commercial oil and gas outside the Niger Delta Basin was attempted for many years without the desired outcomes,” Buhari said.
“However, the successful discovery of the Kolmani oil and gas field by NNPC and her partners has finally broken the jinx by confirmation of a huge commercial deposit of hydrocarbons in Kolmani River Field.”
