August 19, 2017

Is the Chad Basin safe for oil exploration?

Is the Chad Basin safe for oil exploration?

The Nigerian National Petroleum Corporation (NNPC) yesterday said it would resume the exploration of crude oil in the Chad Basin, following the improvement of security in the North-east region of the country.

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However, Niger authorities last week urged Lake Chad residents to evacuate their islands by Monday, citing security fears.

The call came a week after an assault by Boko Haram that left at least 74 dead. It was the country’s heaviest loss since it joined a regional offensive against the militants.

Niger’s boundary with North-east Nigeria lies in the Chad Basin and while the terrorist attacks in Nigeria have reduced in recent times, over five thousand people have fled islands in Lake Chad in southeastern Niger over fears of new Boko Haram attacks.

“More than 5,000 people have already reached N’Guigmi,” a town in southeastern Niger located near the lake and the Chadian border, a U.N. official told AFP.

Another 11,500 people are expected to arrive in the town, the official added.

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A local journalist told AFP that he estimated that “some 3,000 displaced people” had so far arrived.

 

Source: The Japan Times and Thisday

 

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