According to Dada Thomas, the President of the Nigeria Gas Association (NGA), over the last 10 years Nigeria has managed to reduce gas flaring from two billion cubic feet per day to 700 million cubic feet per day, resulting in 65% improvement.
Thomas revealed this at a briefing announcing the fourth coming NGA International Gas Conference and Exhibition to be held in Abuja in October. “Even, 700cfpd is too much as that could generate 3,000 megawatts of power and we are flaring such on daily basis. Let’s turn it into zero, value and let us clean up the environment,” he stressed.
Outlining strategies needed to grow the gas sector, Thomas advised the government to take proactive steps to accelerate the process of concluding the Petroleum Industry Governance and Fiscal Bills and signing them into law, to attract investment in the oil and gas sector.
He also pointed out that the association has come a long way in its quest to contribute to the development of the Nigerian gas industry and to ensure the right policy environment for the realisation of this goal.
Source: ESI Africa