The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu, has said that only the availability of appropriate gas policy can end gas flaring in the country. This comes as France Ambassador for Climate Change (Africa), Mr. Stephane Gompertz, said that Nigerian government must caution all relevant authorities to drastically limit gas emissions because of its consequences on the environment.
Gas flaring in Nigeria has continued after many unrealisedd deadlines set by the federal government. According to Kachikwu, the NNPC had tried several options to curb the phenomenon but did not succeed due to certain limitations.

He said that he was passionate about ending gas flaring because it not only poses environmental problems but brings losses to Nigeria economically. “Apart from being someone from the South-South where the degradation of the environment is a major concern, gas flaring cannot be a commercial way of dealing with the issue. Although we try to end gas flaring by imposing penalty on companies which flare gas, we need to begin to look at taking away flaring from a position of investment that will change gas flaring into a money making venture.

“To stop flaring, we need investment and a lot of that money is not there; so, we need to provide a National Master Gas Plan, which must be gazette; a gas plan which must be put into action to enable us move forward. The single most important deterrent to gas flaring in this country is the absence of policy, the absence of status, master plan and incentives,” he said.

Kachikwu also noted that countries like Qatar and United Arab Emirates, UAE, are moving rapidly in their gas development, leaving Nigeria behind. As such, he insisted that the right incentives must be created for Nigeria to fully launch itself as one of the major gas producers rather than a gas-flaring nation.
The GMD explained that the nation must embrace gas now, both for local consumption and for external supplies as the era of oil is beginning .....Read More Here>>>>> http://www.infomanetworkcenter..com.ng/2015/11/gas-policy-can-end-flaring-in-nigeria.html#more

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