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    Nigeria shortlists 139 firms to commercialise gas flaring

    David GreatBy David GreatJanuary 10, 2023No Comments1 Min Read
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    Most countries are not on track to even meet emissions
    The Nigerian Senate says Nigeria loses N217bn annually
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    The Nigerian National Petroleum Company Limited has shortlisted 139 companies for the next stage of the country’s gas flaring commercialisation programme, its chief executive said in a statement, part of plans to reduce carbon emissions.

    In September, Nigeria’s minister of state for petroleum resources said plans were at an advanced stage to commercialise gas burned from its oil fields to help cut 15 million tonnes of carbon emissions from the atmosphere.

    Gbenga Komolafe, Nigeria Upstream Petroleum Regulatory Commission chief executive, said in a statement seen by Reuters on Tuesday that out of the 300 companies that applied, 139 had been shortlisted to proceed to the next stage of the programme.

    • Gas Flaring: Canada, Nigeria target new laws

    He did not say when the next phase would commence.

    Africa’s biggest economy, Nigeria, has been trying to harness gas belching from its oil fields so it can be exported or used to generate power but has been hobbled by lack of finance.

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    June 30, 2026
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