FG approves new regulations to end gas flaring

The Federal Government has approved new regulations to end the
nefarious practices of flaring natural gas by oil producing and
prospecting companies in the country.

This was disclosed by the Permanent Secretary of the Ministry of
Petroleum Resources, Dr. Folasade Yemi-Esan, in Calabar during the
opening of the technical meeting of officers and experts for the
3rd National Council on Hydrocarbons organised by the Federal
Ministry of Petroleum Resources.

Yemi-Esan said government is committed to reducing global carbon
emissions and climate change effects on the Nigerian environment
and also unlock the huge potential inherent in the Nigerian
hydro-carbon industry.

She said, “the National Gas Flaring Commercialisation Programme
(NGFCP), which was unveiled during the Nigeria/World Bank/IGU
workshop on gas flare is part of Nigeria’s contribution towards
reducing global carbon emissions and climate change effects on the
environment.

“I am pleased to inform you that Mr. President has also approved
the ‘Flare Gas (Prevention of Waste and Pollution) Regulations
2018’ as the regulatory instrument that will underpin the
implementation of the NGFCP.

“Also, the Nigeria LNG in July signed a Memorandum of
Understanding (MoU) with B7 JV Consortium and the SCD JV Consortium
in London. The signing of agreement was welcomed by Mr. President,
noting that the additional Train 7 would increase the country’s gas
production from 22 million tonnes per annum to 30 metric million
tonnes per annum,” she said.

She further disclosed that as part of the plans to unlock some
of the potential opportunities in the industry, the government
plans step up ongoing efforts in critical areas in the industry,
which include accelerating the development of gas infrastructure
along gas corridors to boost gas supply to locations rife with oil
and gas activities, among others.

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