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ASI subterfuge again, gives advant…

ASI subterfuge again, gives advant…
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Bayelsa govt seeks to reacquire OML 46 licence

Bayelsa govt seeks to reacquire OML 46 licence “Bayelsa State Government might not have the financial capacity or the technical know-how but. ADVERTISEMENT Indications have emerged that the Bayelsa Government has not given up on its Oil Mining Lease (OML 46) licence which was revoked by the Department of Petroleum Resources (DPR). The News Agency of Nigerian (NAN) reports that Bayelsa Oil Company reapplied for the licence during the last bidding exercise conducted by the DPR. The bid was, however, unsuccessful. NAN recalls that the licence for OML 46 asset, located within onshore swamps in the state, was won by the Bayelsa Government in 2013 through a bidding process conducted by the DPR.

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