Pre-NIPS 2021 Summit to focus on Nigeria’s “Decade of Gas” Initiative
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By Sebastine Obasi
Stakeholders in Nigeria’s oil and gas industry are expected to converge at the Transcorp Hilton, Abuja on 29 March 2021 under the auspices of Federal Ministry of Petroleum Resources’ Nigeria International Petroleum Summit (N.I.P.S) for a hybrid conference and high-level networking session.
The event, which is a pre-summit conference of the 2021 NIPS, with Nigeria LNG Limited (NLNG) as sponsors, is in furtherance of the Federal Government’s declaration of January 1, 2021 to December 31, 2030 as “the Decade of Gas Development for Nigeria”. “The Decade of Gas” conference with the theme, “Towards a Gas-powered Economy by 2030” will feature President Muhammadu Buhari, as special guest of honour.
By Ikechukwu Okorafor
National Oil Companies (NOCs) in Africa stand on the brink of significant disruption as a new era of structurally lower oil prices challenges business models that have long relied largely on exploration and production of hydrocarbons, especially crude oil.
This scenario fundamentally puts Mallam Mele Kolo Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), on the spot. Especially so, as the unassuming geologist, whose tour of duty has traversed the entire value chain of the petroleum industry, approaches his second year anniversary on the saddle. He was appointed GMD by President Muhammadu Buhari, on 8th July 2019.
[FILES] A gas flare burns at the Batan flow station operated by Chevron under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region . / AFP PHOTO / PIUS UTOMI EKPEI
HOST Communities Producing Oil and Gas in Nigeria (HOSTCOM) has tasked international oil companies (IOCs) to make specific commitment to end gas flaring in the country.
It drew attention to the impacts of gas flaring on the environment, ecosystem, climate change, agriculture, cultural heritage, livelihoods and health of oil and gas producing states and communities of the Niger Delta.
National President of HOSTCOM, Chief Benjamin Style Tamanarebi, highlighted the consequences of gas flaring at the House of Representatives ad-hoc Committee hearing on ending gas flares.
By Femi Ogunshola
Abuja, Feb. 15, 2021 The House of Representatives has reassured on ending gas flaring in the petroleum industry in Nigeria.
Rep. Nicholas Mutu, the chairman House Committee on Gas Resources Environment and Climate Change, said this at a one -day public hearing on the need to end gas flaring in the country on Monday in Abuja.
He said notwithstanding the delay, the House would address the issue and work with stakeholders to end gas flaring within the shortest possible time.
Mutu said that the committee would gather inputs from stakeholders on ways and means by which legislative steps could be taken to stop continuous flaring of associated gas.