2023-05-04 16:21:00
(Agence Ecofin) – Despite the efforts made by the Nigerian government to limit the flaring of natural gas, the phenomenon persists, causing a significant shortfall for the State.
In Nigeria, the National Oil Spill Detection and Response Agency (NOSDRA) published, Wednesday, May 3, the data concerning gas flaring in the first quarter. Over the period, 76.2 billion standard cubic feet of natural gas were flared.
According to NOSDRA, this volume would represent a shortfall of approximately 266.7 million dollars (122.949 billion naira) for the country. Year-on-year, this figure is up by 3.53% compared to 2022 when this loss was estimated at around 257.6 million dollars (118.754 billion naira).
From the point of view of greenhouse gas emissions, NOSDRA estimates that 4 million tonnes, compared to 3.9 million tonnes in 2022, the amount of carbon dioxide released into the atmosphere in the first quarter of 2023. A figure calculated on the basis of the volumes of natural gas flared which, moreover, represent a potential electricity production of approximately 7,600 GWh wasted compared to 7,400 GWh in 2022.
The NOSDRA figures show that more efforts must be made by the authorities to achieve better recovery of the fuel, in particular for the production of electricity which constitutes one of the major challenges of the country.
It is estimated that in 2022, a total potential of around 22,500 GWh has been wasted due to gas flaring. What to cover “the annual electricity consumption of 511 million Nigerian citizens”.
Abdel-Latif Boureima
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