. Medical and Hospital News .




.
ENERGY TECH
Northern Nigeria's 'huge' oil reserves
by Staff Writers
Abuja, Nigeria (UPI) Jul 7, 2011

disclaimer: image is for illustration purposes only

Nigeria is Africa's largest oil producer and the world's eighth largest producer but is looking for other than its traditional oil-producing areas to increase its holdings.

The Nigeroan oil industry produces 2.2 million barrels of oil a day. That provides 95 percent of the country's foreign exchange earnings and about 80 percent of its budget.

For the last five decades the bulk of Nigeria's production has come from its riverine delta region on the southern coast of the country. But that area has seen increasing militant action by locals unhappy with both their exploitation and the environmental destruction caused by the production.

The most high profile of the insurgent groups is the Movement for the Emancipation of the Niger Delta, more familiarly known as MEND.

Constant militant activity and other sabotage of oil equipment have taken a toll environmentally, too. An estimated 500 million gallons of oil have spilled into the delta.

President of the Nigerian Mining and Geosciences Society Akinola A. George is insisting that the country's north has massive quantities of oil as well, the Daily Trust reported.

"Judging by the discoveries of commercial oil in neighboring countries like Chad, Niger and even in Uganda, Kenya and Sudan, there should be in ours too, because the geology that exist there are same with the ones we have in our inland basins," George told the Daily Trust.

"It's just a matter of applying modern technology to discover it."

He said the discovery of oil in nearby countries "should serve as booster, encourage and stimulate" the government to explore for hydrocarbons in Benue trough, Chad, Anambra and other inland basins.

George points out the geographical areas lie on the Central African Rift and West Africa Rift systems.

"It would make economic and socio-economic sense to explore for oil and gas in these basins if only to increase Nigeria's hydrocarbon resources," he said.

He added the government should carry out a geophysical survey to determine possible locations of oil.

Oil production began in the Niger Delta in 1956, producing a "sweet," low-sulfur crude called Bonny Light that was easily refined, leading Nigeria two decades later to join the Organization of Petroleum Exporting Countries -- OPEC.

In speculating on what northern oil supplies might mean for the country George added: "Don't doubt it. There is commercial quantity of crude oil in the north.

"If oil is discovered here in the north, the over-dependence on oil in the Niger Delta will be reduced. And of course, the social and economic welfare of the people will be improved as many jobs will be created and the region will be better for it."

He advised Nigerian President Goodluck Jonathan to pursue oil exploration "vigorously."




Related Links
Powering The World in the 21st Century at Energy-Daily.com

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Shale gas's role in U.S. debated
Washington (UPI) Jul 7, 2011
A U.S. industry group is touting the benefits of natural gas, including the controversial process known as "fracking" or hydraulic fracturing. The American Petroleum Institute outlined to reporters on Wednesday what it believes are the economic benefits of shale natural gas production. API Chief Economist John Felmy said shale natural gas has great economic potential for the ener ... read more


ENERGY TECH
Japan groups alarmed by radioactive soil

Japan minister quits over gaffe in fresh blow to PM

Passer-by saves China toddler in 10-storey fall

Japan names more Fukushima evacuation areas

ENERGY TECH
AI Solutions to Assist Air Force with GPS Satellite Positioning Data and Analyzing GPS Anomalies

GPS IIIB Satellites to Add Critical New Capabilities

Astrium awarded Galileo Full Operational Capability Ground Control Segment Contract

House Committee Acts to Halt LightSquared Proposal Until GPS Interference Issues Resolved

ENERGY TECH
Australia moves on head-covering laws

Clues to why 'they' all look alike

Finding showing human ancestor older than previously thought offers new insights into evolution

Fertility rates affected by global economic crisis

ENERGY TECH
Swazis question rangers' special powers in poaching battle

Mutations help organisms become kings of the mountain

Nearly 200 rhinos killed this year in South Africa: WWF

Sea urchins see with their whole body

ENERGY TECH
India PM hails success in battle against HIV

New rapid test tells difference between bacterial and viral infections

MSF warns of cholera epidemic in DR Congo

Hong Kong confirms second scarlet fever death

ENERGY TECH
Red Cross controversy threatens China philanthropy

Amnesty slams China over Xinjiang, two years after riots

Radiohead tests China's tightly controlled web

China's frustrated migrant workers rise up

ENERGY TECH
Denmark to hand over 24 pirates to Kenya for trial

Chinese ship released by pirates: EU

South Korea jails Somali pirates

US Navy recruits gamers to help in piracy strategy

ENERGY TECH
Australian cities among world's most expensive: survey

China inflation accelerates to 6.4%

Outside View: A disappointing jobs report

Lagarde says debt among IMF top concerns


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement