Nigeria’s gas flare rate falls below 10% — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has said that gas flaring in the country’s oil and gas sector has dropped below 10 per cent. Its Chief Executive, Temisan Eyesan, who disclosed this at the Nigerian Pavilion of Offshore Technology Conference, USA, said there are firm plans to eradicate gas flaring completely in the country by […]

Nigeria’s gas flare rate falls below 10% — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has said that gas flaring in the country’s oil and gas sector has dropped below 10 per cent.
Its Chief Executive, Temisan Eyesan, who disclosed this at the Nigerian Pavilion of Offshore Technology Conference, USA, said there are firm plans to eradicate gas flaring completely in the country by 2030 and achieve net-zero emissions by 2060.
“We are not just penalising flaring. We are commercialising it,” Eyesan added.
She said that flare sites are being concessioned to firms capable of converting wasted gas into usable energy.
The initiative, she revealed, is expected to generate up to three gigawatts of electricity.
She expressed optimism that Nigeria’s decarbonisation goals are achievable, emphasising a pragmatic transition that integrates cleaner technologies rather than abandoning hydrocarbons altogether.

 

Some offshore facilities already deploy solar energy, while carbon capture, utilisation, and storage projects are under consideration.

 

She described the Petroleum Industry Act (PIA) as a “game changer” that has improved regulatory clarity and competitiveness, noting that continuous policy adjustments are necessary to remain globally attractive.

 

“The government has been responsive. We constantly evaluate our position and adjust to attract and retain investment,” she said.

 

Nigeria is well-positioned to drive Africa’s broader energy development, she hinted.

 

She revealed strong interest in Nigeria’s 2025 bid round, adding that about 50 assets were on offer and nearly 300 applicants expressed interest to partake in the exercise.

 

She said that the removal of fuel subsidies has accelerated the adoption of alternative fuels such as compressed natural gas (CNG), with further growth expected as domestic gas infrastructure expands.