The Federal Government has shortlisted 200 investors to bid for gas flare sites after the evaluation of statements of qualification submitted by interested companies.
The Department of Petroleum Resources disclosed this on Monday, saying that 45 gas flare sites would be put up for auction in the first phase of the Nigerian Gas Flare Commercialisation Programme.
He said, “There are 200 companies that are shortlisted; over 800 expressed interest. We looked at the capacity and quality of what they have; so, 200 have been shortlisted to compete for the 45 sites. He gave the assurance that the DPR would maintain integrity and transparency in the bid process for the gas flare sites.
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