• Contact Us
  • About Us
Tuesday, September 15, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

Shell commits to ending gas flaring in Nigeria

metro by metro
April 18, 2018
in Energy
0
Shell
0
SHARES
0
VIEWS

Anglo Dutch Oil Company, Shell has again emphasised its commitment to the elimination of routine gas flaring in Nigeria, Independent reports.

The company conveyed this in its annual sustainability report where it said in Nigeria, flaring from Shell Petroleum Development Company’s (SPDC) joint-venture (Shell interest 30%) facilities fell by close to 90% between the start of its gas reduction programme in Nigeria between 2002 and 2017. It noted that the reduction was mainly due to investing in associated gas gathering and processing facilities that capture the associated gas and commercialise it for either the domestic or export market. Divestments also resulted in a further reduction. However, flaring intensity levels from SPDC JV facilities increased in 2017, mainly due to the restart of facilities that were off-line in 2016.

Read Also

NERC Orders DisCos To Channel 60 Percent Operational Revenue Into CapEx

CPMZ launches major expansion of strategic Southern African fuel corridor

Double Whammy As DisCos Fail To Collect N669.5bn Billed Electricity Charges Amid Nigerians Sitting In Darkness

It went on to say; “SPDC supports the elimination of routine flaring as quickly as practical. However, to do so requires significant investment in gas-gathering and processing facilities or the stoppage of associated oil production which generates revenue for the Nigerian economy. Several new gas-gathering projects came on stream at the end of 2017, however, the planned start-up dates for two gas-gathering projects have historically been delayed due to a lack of adequate joint-venture funding. Nevertheless, with funding now restored the projects are planned for completion in 2018-19’’.

 

Tags: gas flaring in Nigeria
Previous Post

Sub-Saharan Africa GDP growth to rise to 3.1 pct in 2018 -World Bank

Next Post

APC convention holds May 14

Related Posts

NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

NERC Orders DisCos To Channel 60 Percent Operational Revenue Into CapEx

September 7, 2026
Economic Development

CPMZ launches major expansion of strategic Southern African fuel corridor

September 3, 2026
NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

Double Whammy As DisCos Fail To Collect N669.5bn Billed Electricity Charges Amid Nigerians Sitting In Darkness

August 27, 2026
IEA Cuts 2026 Oil Demand Forecast Again As Hormuz Remains Shut
Energy

IEA Cuts 2026 Oil Demand Forecast Again As Hormuz Remains Shut

August 12, 2026
Next Post

APC convention holds May 14

Thales Alenia Space wins NIGCOMSAT contract to build NigComSat-2A geostationary satellite

September 14, 2026
Houthi Advance In Yemen Puts U.S. In New Bind

Houthi Advance In Yemen Puts U.S. In New Bind

September 12, 2026
FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

September 12, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version