FG unlocking inactive energy assets to boost production, Lokpobiri hints
The Federal Government of Nigeria has reassured its commitment to unlocking inactive and untapped energy assets as a major strategy to boost energy production.
Oil Minister, Dr. Heineken Lokpobiri, disclosed this during a visit to TotalEnergies’ Headquarters in Paris and their Research Institute in Pau, France.
Lokpobiri's spokesperson, Nneamaka Okafor, quoted him to have said “Unlocking dormant fields is not optional - it is vital to our energy security and economic growth.”
She said the minister’s visit which was conducted at the invitation of TotalEnergies formed part of a broader engagement with operators and policy makers.
It comes as TotalEnergies prepares to unlock several assets, including blocks awarded in the most recent bid round as well as previously-held fields.
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