NUPRC Warns on Gas Flare Site Utilization Progress
On September 10, 2023, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) issued a warning regarding the potential revocation of awards for gas flare sites if beneficiaries do not demonstrate adequate progress in utilizing these sites. Chief Executive Oritsemeyiwa Eyesan conveyed this message during a visit to Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, in Abuja.
The NUPRC plans to evaluate the performance of awardees one year after the awards are granted to assess meaningful progress. Currently, 27 out of 43 identified flare gas sites have been awarded under the Nigerian Gas Flare Commercialisation Programme (NGFCP), which aims to promote the commercial use of gas that would otherwise be flared.
Nigeria possesses over 215 trillion cubic feet of proven gas reserves, with a total estimated resource base of about 600 trillion cubic feet. Minister Ekpo emphasized the need for aggressive implementation of the gas commercialisation programme to eliminate routine gas flaring by 2030.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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