• Friday, April 19, 2024
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BusinessDay

Nigeria’s flared gas monetisation programme set to name final bidders

Gas flare: Derefaka explains reasons for data disparity between satellite estimates and national statistics

Seven months after it swung into action, the Nigerian Gas Flare Commercialisation Programme (NGFCP), under the Nigerian Ministry of Petroleum Resources, now has a list of successful candidates who have qualified to participate in a bidding round to secure flared gas for monetisation.

Folasade Yemi-Esan, permanent secretary at the ministry on Thursday, said an initial evaluation exercise covering some 238 Statements of Qualification was complete.

Yemi-Esan added that 205 applicants would be emailed this week with invitations to attend a Qualified Applicants’ Workshop 19th August at the Petroleum Technology Development Fund (PTDF) in Abuja ahead of the Requests for Proposals (RfP) phase, according to a report from www.upstreamonline.com, a platform that provides oil and gas news.