Nigeria has reiterated its willingness to end gas flaring by the year 2020.

 

Minister of state for Petroleum Resources Ibe Kachikwu made the commitment in the monthly bulletin of the Organisation of the Petroleum Exporting Countries (OPEC) recently.

 

From available data, Nigeria is about 70 per cent compliant on gas flare exit.

 

Mr Kachikwu said asides ending flaring, Nigeria should be moving from being an oil producing country to being a gas producing country.

 

“We showed the structures of the industry, we have shown the business models we are going to embrace to deal with environmental issues, that has been passed as far as up to the Council.

 

“We are going to try and change our dynamics from being an oil producing country to being a gas producing country, because that is really what we are. Now we need to move from policies to directives.

 

“We will define what the oil policy is, define what gas policy is, and people can have some predictability in terms of the business they are doing, and you begin to see a lot of them come back,” he said.

 

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