The decision follows Nigeria’s high gas flaring rate reputed as the sixth highest, even as it hosts the ninth largest reserves estimated at 180 trillion cubic feet in the world.
“The project we’re about to execute, we plan to announce it before the end of this year; we’re close to announcing it much earlier than that. It’s a project we’re working with other partners, I don’t want to disclose them at this stage, but we’re taking one of the largest onshore gas flare sight, and turning it into liquefied petroleum gas capture. We will take out the non-gas liquids C1 and C2, and turn them to LPG, then take the C1, C2 and send them to power plants.
Orji noted that the NSIA intervention became imperative, seeing as, “the economic waste is mind-blowing… The ultimate reason we are looking at LPG is this; the biggest challenge we’re facing and part of the reasons we have conflicts, is climate change and deforestation. You see people they fell trees, burn them and sell the charcoal. Beyond the deforestation for charcoal export, are actually people cutting trees for plywood, which is why we want to boost LPG usage in Nigeria.
He explained that given the importance of the agriculture sector to economic diversification efforts, the Fertilizer Initiative provides a financially sustainable alternative to the Growth Enhancement Support Program , and is being managed by the NSIA in partnership with the Fertiliser Producers and Suppliers Association of Nigeria , from procurement of inputs to the offtake of blended fertilizer.