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Nigeria approves 28 firms to commercialize flared gas, cutting emissions and boosting energy and jobs.
Nigeria has granted permits to 28 companies to capture and commercialize flared gas under the Nigerian Gas Flare Commercialisation Programme, targeting 250–300 million standard cubic feet of gas daily.
The initiative, part of reforms under the Petroleum Industry Act, aims to reduce carbon emissions by six million tonnes annually, attract $2 billion in investment, and create over 100,000 jobs.
Selected from 139 qualified applicants, the firms will convert flare gas into power, LPG, CNG, and petrochemicals, supporting energy security and sustainable development in the Niger Delta.
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Nigeria aprueba a 28 empresas para comercializar gas quemado, reduciendo las emisiones e impulsando la energía y el empleo.