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Tags: gas flaring

Edo, Sahara Energy to power public utilities with gas

Edo, Sahara Energy to power public utilities with gas

Plans by the Edo State government to improve power supply through partnership with oil and gas companies have received the buy-in of Sahara Energy. The innovative energy solution includes the conversion of gas, hitherto flared, to electricity that will be used to power hospitals, schools, street lights and other public utilities. Governor Godwin Obaseki, who… READ MORE

FG To Save $1.5bn Annually On Nigerian Gas Project

FG To Save $1.5bn Annually On Nigerian Gas Project

The federal government would be saving about $1.5 billion annually if the Natural Gas Vehicles project, an initiative that was first introduced by Nigerian Gas Company, NGC, in 1989 is sustained The Project reportedly achieved a modest success with the only downside being the unavailability of Compressed Natural Gas (CNG) stations. It was learnt that… READ MORE

Nigeria lost N523 billion to gas-flaring in two years

Nigeria lost N523 billion to gas-flaring in two years

‘Local content policy attracts N1.8tr investment’ The Federal Government has lost N523 billion to gas-flaring between 2015 and 2016, data from the Department of Petroleum Resources (DPR) and Nigerian National Petroleum Corporation (NNPC) has shown. While DPR figures showed $850 million (N306 billion) loss to gas-flaring in 2015, NNPC latest report put losses to gas-flaring… READ MORE

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