Environment
Oil, Gas Dev: Expert Advocates EIA, Climate Change Measures
A fellow of the Nigerian Society of Engineers (NSE), Engr Victor Onoriode Efe Soije, has reiterated that Environmental Impact Assessment (EIA) and climate change measures would drive oil and gas industries towards higher grounds in respect of social responsibility.
Engr Soije who made the assertion in a paper he presented during a monthly NSE Session in Port Harcourt recently, said these measures could be achieved with little adverse impact on investment, provided the implementation was driven by global best practice rather than compliance.
He stated that consumers of oil and gas products will be willing to pay for environmentally benigo operations just as health conscious shoppers pay for organic food items, stressing that operators would only be required to perform extremely well in all aspects of environmental impact assessment.
In his paper titled, “The Position of Energy Variable and Environmental Impact Assessment in the Success story of Oil and Gas Industries”.The Engineering expert noted that environmental impact assessment in this era of climate change initiatives and key energy variables would facilitate the evolutionary devlopments required for the continued success of oil and gas industries into the future.
He further stated that the environmental impact assessment and climate change measures aimed at achieving social responsibility objectives will help enhance competiveness of oil and gas industries within themselves and with other sources of energy in the energy mix.
Sodje explained that sustaining the success of the oil and gas industries required political, economic and social environment stability, globally, regionally and nationally, and added that competiveness or energy resources is a key factor in the drive to reduce the environmental impact of procuring and using fossil energy sources such as coal and oil with high energy densities.
According to him, there is currently the campaign of global warming, less of fossil fuel, entrance of the renewable energy, carbon capture and many more, stressing that the Environmental Impact Assessment for Project cannot be over emphassised.
Sodje said the extractive Industry, the oil and gas industries that many have periodically predicated that would decline have continue to enjoy sustainable success and growth, attributing it to their adaptability and social variable but also to the fundamentals of these industries.
He further noted that the fundamentals of these industries include resources availability on the planet technical capacity and capability for successful exploration and production in commercial criteria for sustainable profitability and value growth to stakeholders.
Collins Barasimeye
Environment
AEPB Reaffirms Commitment To Improved Waste Management, Sanitation Standards
Environment
Group Marks World Environment Day with Tree Planting, Awareness Campaigns
Environment
Climate Change Group Charged To Plate Trees
-
Rivers1 day ago
Rivers Police Uncovers Firearm Concealed In Loaf Of Bread
-
Niger Delta22 hours agoPro-Chancellor Hands Over Okey Onuchuku Peace, Conflict Institute Building
-
News23 hours agoFubara Reaffirms Commitment To Blue Economy, Private Sector Growth …Calls For Protection Of Marine Resources
-
Sports1 day ago
Six Nigerians To Play For NBA Teams
-
Business1 day ago
Gas Economy: Decade of Gas, Pi-CNG/ EV Deepen Media Engagement
-
Business1 day ago
Navy Nabs 13 Black Sand Miners In Bayelsa –Impound Two Boats
-
Business23 hours agoIPMAN Raises Concern Over Delay In Chinese Refinery Deal …Predicts Lower Fuel Prices Through Competition
-
Business1 day ago
Accountable Leadership, Urgent Reforms Will Stimulate Economic Growth — Osi
