In this file photo taken on March 26, 2018 a gas flare burns at the Batan flow station operated by Chevron under a joint-venture arrangement with the Nigerian National Petroleum Corporation for the onshore and offshore assets in the Niger Delta region. – Nigeria’s parliament on July 1, 2021 voted to approve a long-delayed oil and gas law that aims to attract new foreign investment to the OPEC country’s petroleum industry.
He advised that gas should be seen as transition fuel with estimated life span of 20 years, adding that industry players should begin to look at alternative sources of energy such as solar and wind to catch up with the world before 2060. Speaking at the opening of the just concluded NIES 2022, the president said that with the PIA in place, there should be no excuses for players in the nation’s petroleum industry not to deepen their investments, especially in the gas sector.
Speaking in his capacity as the Minister of State for Petroleum Resources, Sylva, said the world should support a drive to develop African natural gas production, describing it as green energy to boost electricity generation.Chief Timipre Sylva, Minister of State for Petroleum He informed that funding for fossil fuel projects had dropped by about 50 per cent when compared to what it was about 10 years ago.
Still in the week under review, the NNPC Ltd. signed a multi-billion dollar Gas Sales Agreement with its partners. He emphasised that the initiative would boost gas supply to the domestic market in alignment with the Federal Government’s plan to transform Nigeria into a self-sufficient nation in fertiliser production.
The end of gas flaring has now become Jesus that is always coming soon
Always cooking petro in nigeria still they is no Petro where are we going to 👉👉🇧🇯🇧🇯