• Wednesday, May 22, 2024
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NNPC/Total Energies JV achieves zero gas flare

NNPC/Total Energies JV achieves zero gas flare

To meet the target of 20 percent (unconditional) and 47percent (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Accord signed by President Bola Tinubu-led administration, the Nigerian National Petroleum Company Limited/TotalEnergies Joint Venture said it has achieved zero routine gas flare in all its assets.

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Olufemi Soneye, the chief corporate communications officer at NNPC Ltd, announced this in a statement issued to BusinessDay on Thursday.

The NNPC Ltd/TotalEnergies Joint Venture, which is the concession holder of four leases, had hitherto achieved zero routine flaring across OML 99 (2006), OML 102 (2014), and OML 58 (2016), leaving OML 100 as the only lease with routine flaring going on.

“The significance of this achievement is that the last routine flare volume of about 12MMscf/d (twelve million standard cubic feet per day) of gas has now been eliminated giving rise to a greenhouse gas emissions reduction of about 341KtCO₂e/yr.

“The achievement is an outcome of a programme introduced by the NNPC Ltd to galvanise action towards achieving the zero routine flare by 2030 across its portfolio of assets.

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“It is also a testament to NNPC Ltd’s prioritisation of sustainability anchored on the ‘first R’ of its 5R Strategy (Reduce, Replace, Renew, Re-plant, Repurpose), as it strives to reduce its carbon footprint.

“Work is ongoing across all other assets within NNPC Ltd’s Upstream Directorate to ensure that all assets achieve zero routine flaring by 2030 or earlier,” he said.