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DPR Reveals Possible 3,000MW Generation From Gas Flare
Additional 3,000 megawatts of electricity can be generated from the current gas being flared in the country, a document from the Department of Petroleum Resources (DPR ) has revealed.
The reports that this is contained in DPR’s report made available at a workshop organised for energy journalists in Lagos on Friday.
The report says the country currently flares about 11 per cent of its gas production, bringing Nigeria to seventh in the world.
According to the report, if government is able to harness gas currently being flared at the 139 flare locations across the Niger Delta, it would boast of 3,000 MW of electricity in the nearest future.
It explained that solution to gas flaring challenge is for government to construct pipelines, which will harness all gas currently being flared into one position for commercialisation.
To this end, the report explained that government’s current Nigerian Gas Flare Commericlisation (NGFC) programme was geared towards finding markets for gas flared in the country.
According to the report, we made a mistake with the programme in the past because we allocated flare sites to companies without both technical and financial capacity to harness them.
“However, things have changed because DPR is now making sure those who got earlier allocations have everything it takes to take the gas into the market for sale,” it said.
The agency in the report added that government will be responsible for finding market for gas currently being flared unlike in the past when it was left in the hands of producers.
The report explained that another reason the programme has not been successful is because government left gas flaring commercialisation in the hands of the producers, who do not have much interest in gas.
The agency report says that gas flaring is a global challenge and it is categorised into two categories; routine flaring and non-routine flaring.
The report explains routine gas flaring as the intentional burning of gas, while non-routine flaring is the need to burn gas due to unexpected emergencies.
The Federal Government is planning to end routine gas flare by 2020.
“Non-routine flaring cannot be stopped because there is always emergencies, which could require companies to free up some pressure during production.
“Non-routine flaring doesn’t always happen,” the report said.
The report further said Nigeria needs dedicated exploration gas, as all the gas discovered in the country so far, have been “accidental”.
“ The country can generate double of the power produced today if we utilise the gas we flare, if Nigeria can harness its gas potential, we have the tendency to power Africa.”
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.