The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, said that captured flared gas from the proposed Nigerian Gas Flare Commercialisation Programme (NGFCP) will be deployed for electricity generation, fertiliser and methanol production as well as feedstock for local industries.
He disclosed this at the NGFCP Investors’ Forum held in Abuja.
Komolafe also said a meeting was convened to bring flare site awardees, technology providers and financiers together for the mutual goal of eliminating flared gas and improving environmental sustainability.
He said that through the NGFCP, flare gas sites were awarded to competent third-party companies who are to harness the resource for value derivation, reiterating the commission’s commitment to the successful execution of the programme.
The NUPRC chief executive said this would help to actualise the attainment of Nigeria’s pledge to end routine gas flaring within this decade and contribute to the reduction of global emissions.
He said the programme was being executed in conjunction with the United State Agency for International Development (USAID) and Power Africa – Nigeria Power Sector Program (PA–NPSP).
“The opportunity before us is immense as the captured flared gas can be used for electricity generation, fertiliser and methanol production and feedstock for local industries.
“These, in addition to improving host community relations, environmental sustainability, building local content capacity, creating employment opportunities, and encouraging increased capital inflow to the sector are some of the programme’s benefits to the country.
“Through the NGFCP, the barrier to entry into our complex industry is lowered for many proven small and medium scale local and international players,” he assured.
He stressed that the forum represents a unified commitment to decarbonisation and achieving net zero emissions.
Together, he noted that participants were driven by the imperative to transform wasted energy into productive solutions, positioning Nigeria as a leader in sustainable practices.
According to him, the NGFCP represents a comprehensive triumph that transcends typical business outcomes, delivering substantial environmental, social, and economic benefits.
He assured that requisite due diligence had been carried out on all award holders and remarkable progress had been made to ensuring that proposed projects are bound to achieve measurable success thus demonstrating tangible benefits of our initiative.
