Nigeria is considering taking its planned northern corridor gas supply pipeline further north.
Nigeria National Petroleum Company (NNPC), the state-run oil and gas firm, plans to amend its pipeline plans to extend it into Algeria.
NNPC indicated more than six months ago that it was working with a Chinese consortium to finalize the term sheet for financing of the 614-km, AKK pipeline project estimated to cost $2.8 billion.
According to a statement, Baru made the disclosures when he received an award from executives of the Petroleum Technology Association of Nigeria (PETAN).
The statement signed by NNPC’s Group General Manager, Group Public Affairs, Ndu Ughamadu, quoted Baru as saying that the target of the corporation for the Kolmani River drill was 14,200 ft, even as he added that the depth could be longer, depending on findings