Nigeria Liquefied Natural Gas Shows Readiness To Reduce Methane Emissions

Posted on March 23, 2023

Nigeria Liquefied Natural Gas (NLNG) Limited has joined the Oil and Gas Methane Partnership (OGMP 2.0), a partnership coordinated by the United Nations Environment Programme (UNEP) to reduce methane emissions and improve the accuracy and transparency of methane emissions reporting.

NLNG, in a statement jointly signed by the General Manager, External Relations and Sustainable Development, Andy Odeh, and Head, Media Relations and Corporate Communication, Anne-Marie Palmer-Ikuku, said the move was a further step in NLNG’s commitment to decarbonisation.

According to the Managing Director and Chief Executive Officer, Dr. Philip Mshelbila, the Company signed a Memorandum of Understanding (MoU) with UNEP in the last quarter of 2022, adding that the signing demonstrates the company’s commitment to reduce methane emissions from its operations as part of its decarbonisation journey.

He said the company was proudly committing to yearly reporting and phased reduction of its methane emissions, and decarbonisation, which would secure a future for the company and its stakeholders through a cleaner and greener energy mix that will include gas.

He added that NLNG was already implementing a comprehensive programme for reporting and reducing its methane emissions, utilising the latest industry technologies to track its progress and performance.

Mshelbila stated further that NLNG’s decarbonisation journey would strengthen customers’ and stakeholders’ trust in the Company’s ability to take responsibility for the environment in which it operates and its ability to remain competitive globally.

OGMP is recognised globally as the most significant voluntary initiative for companies in the oil and gas industry to systematically reduce their methane emissions and demonstrate the reduction in a credible manner to all stakeholders.

In a message to welcome NLNG, the group stated that it was excited about NLNG’s membership, as Nigeria is a significant producer of natural gas and one of the biggest contributors to Africa’s LNG production.

“OGMP 2.0 covers 55 per cent of Africa’s oil and gas production. Seventy-five per cent of all methane emissions from oil and gas companies in the continent can be mitigated – 45 per cent of them at no net cost. To meet that target, we invite other companies in the sector to follow the steps of NLNG and join OGMP 2.0,” the group stated.

NLNG is an incorporated Joint Venture (JV) owned by the Federal Government, represented by Nigerian National Petroleum Company Limited (49 per cent), Shell Gas B.V. (25.6 per cent), TotalEnergies Gaz & Electricite Holdings (15 per cent), and Eni International N.A. N. V. S.àr.l (10.4 per cent).

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Anambra State Governor, Prof Chukwuma Charles Soludo, CFR, has paid a courtesy visit... Continue
The 1st West Africa “Zone A & B” Para Games begins on Friday in... Continue
Nigeria U15 international, Raheem Moyinoluwa Salaudeen, will feature in a highly anticipated U16 showcase... Continue
In preparation for the much-anticipated DOS Mega Football Cup Final, the Local Organizing Committee... Continue
OMOGBOLAHAN BABAWALE Hope is the absence of fear (insecurity) in a broader perspective. When... Continue
MICHAEL AKINOLA  A 24-Year old man, Moses Aletor, has been arrested and charged in... Continue
CYRIACUS IZUEKWE  As part of the association’s mission to meet the needs of motherless... Continue
As the holiday season approaches, Nigerian Breweries Plc, the pioneer and largest brewing company... Continue
President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation... Continue

UBA


Access Bank

Twitter

Sponsored