Can NGFCP succeed as IOC’s, others default in $3.6bn gas flare penalty
Indications have revealed that International Oil Companies (IOCs) and their indigenous oil firms counterparts have defaulted in payment to the tune of $3.6 billion on gas flare penalty. However, the Federal Government has continued to assure it was pushing to…
Train 7 FID: FG’s commitment to acceleration of gas revolution—Derefaka
Technical Adviser (TA) to the Minister of State, Petroleum, Mr Justice Derefaka, has described last week’s Final Investment Decision (FID) on Train 7 of the Nigerian LNG as a milestone, reinforcing Federal Government’s commitment to the acceleration of the gas…
1969 Petroleum Act empowers FG to take flared gas from IOCs for free—Derefaka
The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Office of the Minister of State for Petroleum Resources, Mr Justice Derefaka has opened up on the enabling legal framework upon which the Federal Government is relying on to assume sole…
NGFCP driving innovative, scalable approaches to gas flare reduction—Derefaka
The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Federal Ministry of Petroleum Resources, Mr Justice Derefaka, has explained that the design of the NGFCP was an innovative and scalable approach to gas flare reduction in Nigeria. He said the…
Shocker: 888mmcf/d flared gas in 178 sites in N’Delta equivalent to 5GW—NGFCP boss
The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Federal Ministry of Petroleum Resources, Mr Justice Derefaka, has explained that the average total number gas and carbon dioxide flared in confirmed 178 gas flare sites across Niger Delta is equivalent…
