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Flare Gas Permits: NUPRC attracts $2bn investments, commercialize 300 MMscfd of gas
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the issuance of Permits to Access Flare Gas under the Nigerian Gas Flare Commercialization Program (NGFCP) will deliver wide-ranging environmental, economic, and energy benefits for the country.
According to the Commission, the program will enable the capture and commercialization of between 250 and 300 million standard cubic feet of gas per day that is currently being flared. This is expected to cut carbon dioxide emissions by about six million tons annually, supporting Nigeria’s climate commitments and net-zero targets.
NUPRC said the utilization of flare gas will also unlock nearly three gigawatts of power generation capacity, helping to improve electricity supply, support industrial activity, and strengthen national energy security.
The Commission noted that the program is projected to attract up to US$2 billion in investment and create more than 100,000 direct and indirect jobs across engineering, construction, operations, and allied services, contributing to economic growth and employment.
In addition, the projects are expected to produce about 170,000 metric tons of liquefied petroleum gas annually, providing cleaner cooking fuel to an estimated 1.4 million households and reducing dependence on traditional biomass.
NUPRC said the permits will transform flare gas from an environmental liability into a productive resource, improve operational efficiency in the upstream petroleum sector, and create new revenue opportunities.
The Commission added that the initiative aligns with the Petroleum Industry Act, Presidential Executive Orders on fiscal incentives and cost efficiency, and the Federal Government’s broader energy transition and investment competitiveness agenda.
The successful awardees include Ace Energy Limited; Afagaf Company Limited; AGH Lero; Almina Resources Limited; Amazon Energy Limited; AUT Energy; Beluga Asiko; Bodej Investment Limited; Cainergy Limited; Cimcmonobuo Nigeria Limited; Dawcon Consortium; Dawnwatch Limited; Fargab Limited; Folstaj International Limited; Geospectra Energy Limited; Izzi Project Limited; and MMLet Energy Limited.
Others are MSN Consortium; Newgaz Integrated Services Limited; NG Lyon Construction Limited; Oaks Cluster Energy; Seal Energy Limited; Tecnis EPS International Limited; Teobell International; Terms Energies; Zipora Gas; and Stelog Gas Company Limited.
