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Independentng.com homepage - Home of Independent Newspapers Nigeria Limited2008 gas flare-down date is achievable, says Kupolokun

Last Updated: Wednesday, November 10th, 2004 HOME | Previous Page

2008 gas flare-down date is achievable, says Kupolokun

 

By Bassey Udo,

Senor Correspondent, Abuja

 

With concerted efforts at executing several gas utilisation and export projects by government in conjunction with its joint venture partners, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says 2008 flare-down date is achievable.

Kupolokun, who was speaking on Tuesday on Current Flare Reduction Activities in Nigeria at the opening of a two-day Global Gas Flaring Reduction (GGFL) workshop in Abuja, identified the projects currently being executed by Shell Petroleum Development Company (SPDC), Chevron Texaco Nigeria Limited (CNL), Mobil Producing Nigeria Unlimited (MPNU), Nigeria Agip Oil Company (NAOC) and Elf petroleum Nigeria Limited (EPNL).

SPDC is currently executing the Cawthorne Channel and Forcados-Yokri Associated Gas Gathering (AGG) projects that would supply 210million standard cubic feet of gas per day (mscf/d) and 108 mscf/d respectively to train 3 of the Nigeria LNG project; Afam Power plant, to utilize 250mscf/d; South swamp AGG, 120mscf/d, as well as Gbaran Ubie, to deliver 1bscf/d to trains 4, 5 and 5 of the NLNG.

Chevron is currently handling phase 3 of the Escravos gas project (EGP-3), to supply 249mscf/d of AG along with 140mscf/d of non-associated gas (NAG) for liquid extraction as well as Escravos Gas-to-Liquid (EGL) to convert 300mscf/d from EGP-3 to 34,000 bpd of diesel, condensate, naphtha and Liquefied Petroleum Gas (LPG).

Apart from its East Area gas projects, Mobil is carrying out the Qua Iboe Terminal (QIT) gas project to supply about 50mscf/d of gas to OSO NGL.

Agip is also carrying out projects to supply about 164mscf/d of gas to NLNG train 3 as well as the Kwale/Okpai Independent Power project (IPP) that would utilize about 80mscf/d of gas for power generation.

 

 

Besides, Kupolokun said the four thermal power stations currently being executed by the Federal Government at Geregu in Kogi state, Omotosho in Ondo, Papalanto, Ogun and Alaoji, Abia, would take another 500mscf/d in their operations from 2006.

 

He said though the nation currently produces 1879billion cubic feet per year (bcf/yr), about 1080bcf/yr is utilized, while about 799bcf/yr, or 42.6%, is flared.

 

Describing as impressive the 20.3% gas flare reduction ratio in the last four years, Kupolokun said there were still opportunities to monetize its gas resources, though he said the $14billion cost required for development of gas infrastructure pose a major hurdle.

 

Presidential Adviser on Petroleum and Energy, Edmund Daukoru, said that in view of the strategic importance of gas resources to the development of the nationís economy, government was committed to put in place number of legislations to encourage gas production and utilization.

 

Daukoru, who was represented by the Special Assistant to the President on Petroleum and Energy, Jafaíru Paki, listed the legislations to include Petroleum Amendment Act, Associated Re-Injection Act, Associated Gas Re-Injection Amendment Act and Associated Gas Framework Agreement.

 

A representative of the World Bank, co-sponsors of the workshop, Bent Svensson, said Nigeria currently accounts for 20% out of the total volume of 100bcm/yr of the global venting and flaring figure, pointing out that though governments and companies have initiated steps to reduce gas flaring, there were still barriers as a result of absence of formal gas policy, industry structure and regulatory framework, fiscal regime, gas pricing and funding constraints.

 

He advocated increased stakeholders'cooperation, government funding of strategic projects, development of a gas plan as well as fiscal reforms.

 

 

 

 


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