- Gas flaring has been illegal in Nigeria since 1984, unless exceptions have been granted. However monitoring and enforcement of this has been poor. The new administration is committed to ending gas flaring by 2030, with a new multi-stakeholder strategy under development. Efforts are currently underway to substantially accelerate this target date.
- Discussions are underway in the Gas Exporting Countries Forum (GECF) to set up a common bank to finance long-term plans for investment. If successful, it could harness flared gas for positive applications and invest in key projects such as the West African Gas Pipeline.
- Nigeria will invest in cleaner gas generation, bringing lower carbon energy on to the grid and enabling consumers to move away from diesel generation. Large-scale investments are being under the Nigeria Electricity and Gas Improvement Project, focused on improving commercial viability of gas supply.
- It is committed to transparent communication and regulation of flaring with the launch of its gas flaring tracker gasflaretracker.ng
Reduction of Gas-flaring in Nigeria
Reduction of gas-flaring in Nigeria Nigeria is among the top 10 globally in terms of wealth of oil and gas resources, and the products derived from this sector comprise around 90% of exports. However this sector is one of the main sources of greenhouse gas emissions in Nigeria – producing around 90 MtCO2 per annum, of which the predominantly source is gas flaring. This is particularly wasteful given that this gas resource, if recovered, could on its own address Nigeria’s dire need for increased power generation, and generate billions of dollars of income.