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FG Approves New Policy On Gas Flaring

Nigerian Govt Approves New Policy on Gas Flaring

The Federal Government Of Nigeria has approved a new regulations to end the nefarious practices of natural gas flaring by oil producing and prospecting company in the country Nigeria,

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

Dr. Yemi-Esan said that government was committed to reducing global carbon emissions and climate change effects on the Nigerian environment and also went further to say that this was going to unlock the huge potentials inherent in the Nigerian hydro-carbon industry.

“The National Gas Flaring Commercialization Programme (NGFCP) which was brought to existence during the Nigeria/World Bank/IGU workshop on Gas Flare is now a part of Nigeria’s contribution towards reducing global carbon emissions and climate change effects on the environment of the country. 

Dr Yemi-Esan Said:-
“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 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 tones per annum to 30 metric million tones per annum”.

The event was held in Abuja as they said alot of things and brought out tactics that was going to reduce the global carbon emissions in the country. 

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