Group Raises Alarm Over Natural Gas Wastage In Nigeria, Calls On FG To Invest
- The Nigerian government has made no secret of its plans to bankroll the transition to cleaner energy
- A group of petroleum engineers have explained how this will be better achieved by decarbonising fossil fuels
- The group lamented the worrisome amount of natural gas wasted in Nigeria due to the absence of adequate infrastructure
Legit.ng journalist Ruth Okwumbu-Imafidon has over a decade of experience in business reporting across digital and mainstream media.
The Society of Petroleum Engineers (SPE) has raised an alarm over the level of natural gas wastage in Nigeria.
The group noted that the poor gas infrastructure and low industrial capacity in Nigeria only allowed a small fraction of the produced gas to be used, while the bulk of the resource would be wasted.
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Riverson Oppong, Africa's regional director of SPE, who was at the debut edition of the Oilda Fireside Chat platform hosted in Lagos, called for investment to be deployed into oil and gas technology to meet the global demand.
He made an example of Ghana, noting that the petroleum industry is structured to drive wastes down to zero, in the pursuit of cleaner energy.
FG pushes transition to clean energy
Recall the federal government is intentionally driving the transition from fossil fuel to gas.
Recently, Nigeria’s first modular Liquefied Petroleum Gas (LPG) extraction plant was commissioned alongside a 20-megawatt gas-to-power project.
The government has also given gas distribution licenses to several businesses including Axxela, NIPCO Plc, Central Horizon Gas Company, Falcon Corporation Limited, NNPC Gas Marketing Limited, and Shell Nigeria Gas Limited.
Nigeria's move from fossil fuel
Oppong noted that the SPE had mobilised its members to join the global energy transition, as the decarbonisation of the petroleum industry becomes more pressing.
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He noted that the decarbonisation of fossil fuels will spur development in Africa as energy becomes more available and affordable, Leadership Newspaper reports.
He explained that it is no longer about migrating away from fossil fuels, but about decarbonising the industry to achieve net-zero.
He called on governments to speed the transition to reap more economic benefits of their resources and encouraged petroleum engineers to adopt practices and technologies that produce cleaner energy.
Oppong lamented the emigration of skilled labour, including petroleum engineers from Africa, which has caused a deficit in the skills needed for industrial development.
Engineer Oppong described decarbonisation of fossil fuels as the most practical step to accelerate industrial and economic development in Africa, remarking that green energy sources like solar and wind are still very vulnerable to weather conditions and thus would not adequately power homes, businesses and industries.
FG boosts gas infrastructure
Earlier, Legit.ng reported that the federal government improved gas infrastructure in Nigeria by setting up new refuelling stations across the states.
NMDPRA CEO, Farouk Ahmed, said the agency would be partnering with state governments to convert up to 100,000 vehicles.
He added that plans were underway to launch the Africa Energy Bank to provide financing for such critical energy infrastructure.
Proofreading by James Ojo, copy editor at Legit.ng.
