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NUPRC may revoke gas flare site awards over slow progress

Summary by Informed1 source

Summary

The NUPRC says it may revoke awards under the Nigerian Gas Flare Commercialisation Programme if beneficiaries fail to make enough progress on the flare sites.

Highlights

  • Oritsemeyiwa Eyesan gave the warning during a working visit to the minister of state for petroleum resources (gas) in Abuja.
  • She said the commission reviews awards one year after they are granted to check for considerable progress.
  • Where progress is insufficient, the commission said it can take regulatory action, including revocation.
  • The NUPRC said 43 flare sites were identified for award and 27 have been awarded so far.
  • The programme was launched in 2016 to reduce routine gas flaring by letting third-party investors commercialise flare gas.

Sources

Read the original reporting for more details and context.

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