INAUGURATION OF THE FLARE GAS COMMERCIALISATION PROGRAMME TEAM
BY: ENGR. GBENGA KOMOLAFE
Ladies and Gentlemen, on behalf of the Management and Staff of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), I am greatly honoured and delighted to welcome you all to this inauguration event of the committee that will coordinate the implementation of the Flare Gas Commercialisation Initiative.
As you may be aware, the Federal Government initiated the Nigerian Gas Flare Commercialisation Programme (NGFCP) in the year 2016. This Programme was well-received by stakeholders, investors, and industry watchers. However, owing to several unforeseen constraints, the Programme execution appeared truncated.
Distinguished Colleagues and Guests, Gas flaring in the oil and gas industry has continued to be a menace which needs to be eradicated owing to its adverse effect on the environment and the people. The wasteful disposal of natural gas is not only fraught with deleterious health/ environmental consequences but also a major source of resource waste and value erosion to the country.
It is against this backdrop that the Federal Government of Nigeria declared this decade (2021 – 2030) as the “Decade of Gas”, a period where the nation shifts focus from oil-centred exploitation to gas driven industrial development. Nigeria has also set a country deadline to cease gas flaring by the year 2025, 5 years ahead of the World bank (GGFR) target.
Furthermore, His Excellency, President Muhammadu Buhari (GCFR) made a commitment towards the Paris Agreement during the COP26 Leaders’ Summit to achieve Net Zero emissions by 2060.
Monetising gas resources is a positive step towards guaranteeing energy security, especially in this global energy transition period. Hence, as a nation, we must ensure that we harness all available gas resources for value creation.
Ladies and Gentlemen, I am pleased to announce that the Commission is recommencing the process of issuing flare sites to technical competent companies, following a competitive bid process. This process has become very crucial in view of the policy direction of the Federal Government to ensure all gas resources are developed for National development.
We are currently carrying out a study in conjunction with external technical resources to identify suitable flare sites for this auction process. To drive this process and coordinate the implementation of the Programme, it is my pleasure to inaugurate the Committee of staff of the Commission.
Could the Members of the Committee present indicate kindly come forward?
Ladies and Gentlemen, by the powers vested in me as the Commission Chief Executive, I hereby inaugurate the following members of the Committee that will implement the Flare Gas Commercialisation Programme.
The officers include:
|1||K. O. Ofoegbu||EC||ER&SP|
|2||O. I. Anyanechi||CS/LA||Legal|
|1||A. T. Adeyiga||Manager||OCCE|
|2||J. O. Ogunsola||Manager||D&P|
|3||J. C. Anyanwu||Manager||D&P|
|4||A. O. Okwah||Chief Legal Officer||Legal|
|5||O. E. Oje||Dep. Chief Pet. Engr.||D&P|
|6||N. E. Odega||Asst. Chief Elect. Engr.||OCCE|
|7||K. R. Abisoye||Asst. Chief Sys. Analyst||D&P|
|8||J. C. Echendu||Senior Petroleum Engr.||ER&SP|
|9||C. I. Chukwukaelo||Senior Systems Analyst||OCCE|
|10||G. L. Umoru||Systems Analyst||NDR|
You all are expected to carry out your mandate with all sense of responsibility and commitment bearing in mind the over-arching significance of the Programme to the socio-economic well-being of the nation. I assure you of Management’s cooperation and support during the course of the exercise.
I would like to take this time to appreciate the immense support from the USTDA, USAID and other stakeholders and hereby wish to reiterate the Commission’s commitment towards ensuring that this Programme is executed timely.
Thank you for your attention.