2020: Nigeria’s Flaring Reduction Target

A recent two-day seminar organised jointly by the government of Nigeria, the International Gas Union (IGU), the World Bank and GGFR, focused on reducing gas flaring at oil production sites and unlocking the country’s significant gas potential.
The objectives of the seminar were to (a) initiate consultation on a new National Gas Flare Commercialisation Program; (b) build awareness about new small-scale technologies to use associated gas that is currently wastefully flared; (c) explore financing options for gas flare reduction and gas utilization; and (d) share best practices for sustainable and inclusive access to energy.
With almost 8 billion cubic meters of gas flared annually according to satellite data, Nigeria is the seventh-largest gas flarer in the world. At the same time, approximately 75 million Nigerians lack access to electricity.
In recent years Nigeria has shown significant progress, reducing gas flaring by about 2 billion cubic meters from 2012 to 2015.
The seminar was designed as a platform to bring together about 250 key stakeholders from the public and private sectors. Attendees included senior representatives from both the Ministry of Petroleum Resources and the Ministry of the Environment; Niger Delta and Power; national oil company NNPC; legislators; regulators; national and international oil companies; technology providers; and financial and development institutions.
“Through seminars like this we are getting a better sense of what needs to be done to end routine gas flaring in Nigeria,” said Bjorn Hamso, GGFR Program Manager.
“When all the important stakeholders are in the room and the perspectives of the entire local energy sector are included, the discussions are enlightening and useful. Well-functioning local energy markets stimulate the investments needed to rid countries of routine flaring.”
Dr. Emmanuel Ibe Kachikwu, Nigeria’s State Minister for Petroleum Resources, presented his country’s high-level roadmap to end routine gas flaring by 2020, which is a full decade ahead of the target in the “Zero Routine Flaring by 2030” Initiative, a global effort to end routine flaring that Nigeria endorsed in 2016.
The State Minister’s Senior Technical Adviser, Gbite Adeniji, presented the flare-out plans in more detail and encouraged all stakeholders to provide views and comments on the roadmap during the consultation process that ended earlier this year.
“This massive amount of gas flared annually in Nigeria is a waste of energy that our country just cannot afford. Now is the time to step up our efforts and what is needed are innovative, bold approaches to flare reduction,” said Adeniji.
Following the seminar, Nigeria’s Ministry of Petroleum Resources requested additional support from GGFR and the World Bank to expand and implement its new gas commercialisation program. In addition, various development institutions, such as Agence Française de Développement and Environment Canada, have expressed their interest in partnering with the World Bank and GGFR to support gas flaring reduction in the country.
Specific areas of interest include assessing the potential to use small-scale technologies for flare reduction through pilot projects, and supporting technical baseline work needed to implement the new commercialisation program, including accurate flare measurement and establishing a technical database for access by vetted, credible investors in flare-out projects.

Hot this week

All Nigeria Rotary Peace Summit 2026 to Feature Leading Voices on Governance, Justice, Sustainable Peace

The All-Nigeria Rotary Peace Summit 2026 will bring together...

Nestlé, Guinness, FMN, Aren Paper, Others Back Sustainability Pledge at Africa Forum

L - R: Chika Onuh-Nnamdi, Manager - ESG, Sustainability &...

AXA Mansard Health Wins Outstanding Health Insurance Company Award

AXA Mansard Health has been named Outstanding Health Insurance...

AXA Mansard Wins Customer-Centric Insurance Company of the Year Award

‎AXA Mansard Insurance Plc has been named Outstanding Customer-Centric...

AXA Mansard CEO, Kunle Ahmed, Wins Insurance Brand Personality of the Decade Award

The Chief Executive Officer of AXA Mansard Insurance Plc,...

Topics

Arthur Andersen: Fall From Grace-A Sad Tale of Greed!

At "Andersen U.," the lush, 150-acre campus where Arthur Andersen LLP has trained tens of thousands of new recruits, there's a shrinento ethical accounting. A display in the Andersen Heritage Center is devoted to yellowing press clippings of a long-ago campaign to clean up the accounting industry by Leonard Spacek, who led the firm from 1947 to 1963. In one, he accused Bethlehem Steel of overstating its profits in 1964 by more than 60%. In another, he bashed the Securities and Exchange Commission for failing to crack down on companies that cooked their books, saying that at best the regulatory agency has been "a brake on the rate of retrogression in the quality of accounting."

Moghalu, Ex-CBN Chief to Deliver 2018 Bullion Lecture

Professor Kingsley Chiedu Moghalu, former Deputy Governor, Central Bank...

FOR THE RECORD

Address by Prince Julius Adelusi-Adeluyi, OFR, mni, Chairman, MTN...

Domestic Bourse Sustains Positive Streak… ASI Up 14bps

The equities market maintained a positive performance at the close...

Linkage Assurance, Northern Brokers Partner for Growth

L-R: Olukotun Samuel, Chairman, Northern Area Committee, NCRIB; Tony...

INEC to Deploy Biometric Voter Accreditation System for Anambra Election, First in Nigeria

REMARKS BY THE HONOURABLE CHAIRMAN, INDEPENDENT NATIONAL ELECTORAL COMMISSION...

How Access Bank is Supporting Women Driving Africa’s Growth Story

Across Africa, women are fast becoming the heartbeat of...

Breaking News: Etisalat Now Open for Foreign Investment

Foreigners can now investment in Etisalat as the UAE government has lifted restrictions which had blocked foreign investors from buying a stake in the country's largest telco, Etisalat. There is however a 20 percent limit on how much of the company can be owned by foreigners. Currently, Etisalat is 60 percent owned by the government, with a 40 percent stake listed, but restricted to UAE nationals. "The federal government decided to lift the restriction of Etisalat stock ownership by local institutions, foreign institutions and expatriate individuals provided that such ownership does not exceed 20 percent," Etisalat said in a statement to Abu Dhabi Securities Exchange. Etisalat added that the Emirates Investment Authority (EIA) does not intend to reduce its 60 percent stake at the moment.