Govt lists fresh steps to curb gas flaring

No Comments » August 22nd, 2008 posted by // Categories: Energy Development Project



 

GUARDIAN

 

Friday, August 22, 2008              

Govt lists fresh steps to curb gas flaring
From Alemma-Ozioruva Aliu, Benin City

ONE-DAY after the Federal Executive Council (FEC) approved an investment blueprint for the gas sector, the Minister of State (Gas), Mr. Emmanuel Odusina has unveiled fresh efforts to curb the flaring of the natural resource.

Odusina, who put the present level of gas flaring in the country at 125 million cubic feet (MCF), said that the Federal Government’s policy on economic development places premium on gas utilisation.

The government, he said, had identified three deposit sites for gas development in Abuja, Benin City and Lagos.

He said government also plans to check gas flaring through its use for power generation, commercial and industrial use.

Odusina lamented that the quantum of gas being flared in Nigeria was the same as that which Trinidad and Tobago uses for developing its economy.

Odusina spoke yesterday when he visited the Edo State Deputy Governor, Chief Lucky Imasuen.

He was in the state on a facility tour of a plant being built by NIPCO, an indigenous firm collaborating with foreign technical partners on how to convert Condensed Natural Gas (CNG) to industrial use.

The Minister said Nigeria has over 185 trillion cubic feet of gas deposits with more still to be discovered.

He said in line with the Federal Government’s policy of developing the economy, his ministry had evolved ways through which gas be adequately utilised in the country for power generation and for both commercial and individual uses.

“The gas we are talking of today is about 185 trillion cubic feet, we were looking for oil and we discovered gas… all we do is to flare the gas and what is that, a colossal loss of revenue.

“As of today, Nigeria is flaring 125 million cubic feet of gas, that is just the amount of gas that Trinidad and Tobago uses to develop its economy. So, we are saying let us use these deposits of gas to benefit our people.”

He urged foreign investors to stake their resources in the gas sector.

The document endorsed by FEC last Wednesday allows the regulators to select and pre-qualify investors for the industry.

Imasuen said the state was lucky to host the NIPCO facility, adding that the project would provide jobs for the people of the state besides facilitating its industrial development.

He, therefore pledged the state government’s support for the project.

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