March 31, 2023 – 02:44
News (Bamako) – The director of the National Office for Oil Research in Mali, Padra Aliou Kone, said that today the country’s oil and gas sector is witnessing a “full recovery,” adding that “10 oil exploration contracts have been approved.”
Aliou Kone said in a press interview that these contracts were awarded to “patriots,” stressing that the amendment to the country’s petroleum law “gave confidence to investors.”
Aliu highlighted during a meeting of the Board of Directors of the National Oil Research Office that, in addition to oil, “the exploitation of 98% of pure hydrogen is in the development stage.”
On the other hand, the Secretary General of the Ministry in charge of Minerals and Energy, Sonsoro Dembele, said that the budget of this office increased from 1.5 billion CFA francs in 2022 to 1.9 billion CFA francs in 2023, which represents a visitation rate of 20.43%.
Dembele added that this budget will be used to achieve specific goals, “which are” revitalizing and intensifying the search for oil and hydrogen, and ensuring good governance in the sector.
