The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a strategic partnership with an Argentine tech company, Galileo, for the reduction of gas flaring in the oil and gas industry in Nigeria.
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, said that the collaboration would leverage innovative modular technology to support the Nigerian Gas Flare Commercialisation Programme (NGFCP).
Speaking at the event, Komolafe said that the programme would not only benefit the nation, but also offer substantial advantages to investors, aligning with the Petroleum Industry Act (PIA) mandate to pursue the Gas Flare Act.
NUPRC’s partnership with Galileo, he said, was a strategic move, given the technology company’s vast potential to contribute to the commission’s objective of reducing the flaring of gas.
“Already the NUPRC has established a College of Awardees, an interactive team comprising financiers, awardees, and technology producers. This team will work together to ensure the success of the NGFCP.
“To date, the NUPRC has issued 49 awards aimed at eliminating 500 million standard cubic feet of gas (scf) from flaring. The college of awardees will meet periodically, both virtually and physically, to facilitate ongoing collaboration and progress tracking,” the statement by the Commission quoted Komolafe as saying.
GIK/APA
NUPRC in strategic partnership with Argentine tech company for gas flaring reduction
