The GCEO of Nigerian National Petroleum Company Limited, Mele Kyari, has stated that the company has taken steps to decarbonize its operations by primarily extinguishing gas flaring from its operations.
Kyari stated this at the launch of Nigeria’s Energy Transition Plan on Wednesday in Abuja, where he said the plan aims to see Nigeria pursuing carbon capture initiatives and technological adaptations that support low carbon operations while focusing on gas and energy transition.
Kyari said the plan comes a month after the unveiling of NNPC Limited, with a clear vision and renewed commitment toward upscaling Nigeria’s energy relevance in the global energy market while ensuring energy security for Nigeria.
He said, “NNPC Limited is a fully commercial enterprise and is well-positioned to serve the African continent in a just and gradual energy transition.”
“Nigeria, like other African countries, is endowed with an increasingly young population which needs a stronger economy to generate employment and relive citizens from poverty to prosperity.
“NNPC recognizes the importance of the activity of the oil and gas sector, as a significant contributor to carbon emissions and its consequent impact on the climate.
Kyari added that “NNPC is taking advantage of Nigeria’s huge natural gas reserves of over 200 trillion cubic feet of gas, with the potential to grow to 600 trillion cubic feet as more investments are expected due to the recent signing of production sharing contracts with partners and the empowerment of NNPC by the Petroleum Industry Act to take full responsibility for commercial operations.
“This will provide resources for a low-carbon energy alternative, which will support growth in the power and industrial sectors, address energy operations, reduce carbon footprint, and create more job opportunities.”
“NNPC supports the FG Natural Gas expansion plan, which seeks to deepen natural gas, an alternative transportation fuel. We are working to ensure timely development of infrastructure projects, including the Abuja-Kaduna–Kano gas pipeline corridor and also the Nigeria-Morocco trans-Saharan gas pipeline, “Kyari said.
Kyari said that going forward, the NNPC Ltd will leverage partnerships with government and institutions to pursue commercially viable new energy ventures in Nigeria
