Government to kick off gas flare commercialisation from 45 sites

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Government to kick off gas flare commercialisation from 45 sites
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Nigeria to kick off gas flare commercialisation from 45 sites GasFlare Nigeria

adding that the national gas flare commercialization programme will be implemented from those sites at the initial stage.

In his words, “There are 200 bidders that have been shortlisted where over 800 bided. We looked at the capacity, the quantity and quality of what they have. These 200 bidders are competing for 45 gas flaring sites for now and there are other flaring sites coming onboard. This also shows that the world is interested in Nigeria because of the potential. Ordinarily, we did not expect that much even though we disqualified over 600.

“This is a great day for Nigeria, the gas producers and bidders. This is a process that is first of its kind in the whole world. We are taking a resource which is ordinarily being flared while adding value to it while also creating opportunities for investors to come and take this flared volume and make it quality for their investment and improving the quality lives of Nigerians,” he added.

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