APA – Lagos (Nigeria)
The Deputy Managing Director, Deepwater TotalEnergies E&P Nigeria, Mr Victor Bandele, says that TotalEnergies E&P Nigeria will stop routine flaring of gas in 2023 to actualise energy security and sufficiency in Nigeria.
Speaking at the Chief Executive Officers Roundtable session at the Nigeria International Energy Summit (NIES 2023) in Abuja, Bandele said that the decision was a deliberate measure by the company towards delivering safer, cleaner and accessible energy for energy transition.
He disclosed that about 95 per cent of its gas production was currently being utilised.
Bandele also said that the decision of the company to end gas flaring this year started in the past 15 years and that they had been making progressive in achieving the target.
He assured that the company’s commitment to fully integrate, sustain available energy in the oil and gas industry to actualise energy transition.
Bamidele explained that the company places safety of people and respect for the environment at the forefront of its operations.
“Over the years, we have been consistent in development, making sure that all infrastructure we have are fully utilised.
“This year, we have just finished drilling an exploration well and we will continue to consolidate on the things we know how best to do,” he said.
On gas as the transition fuel, Bandele stated that the company has inaugurated onshore projects, which are already at the engineering stage.
Bandele challenged the industry regulators to increase the scope of gas to be used on gas channel since the pipelines are being utilised.
He disclosed that the company has made a lot of progress in its domestic gas education to stakeholders and was continuously enriching its gas portfolio in terms of export.
“TotalEnergies is present in all sectors of energy in Nigeria, namely downstream, midstream and upstream,” he said, adding that the company’s 550 filling stations across the country operate on solar energy.
The four-day international energy summit ends on Thursday in Abuja.
GIK/APA
TotalEnergies says it will stop routine gas flaring in Nigeria in 2023
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