NNPC Limited (NNPC) and Heirs Energies have finalised agreements to commercialise gas flares — a move aimed at converting wasted gas into usable energy to enhance power generation in Nigeria.
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Key features of the agreement
Under the deal, gas flares that would otherwise be wasted are to be captured and processed for power-generation purposes. The intention is to harness this previously underutilised resource, thereby reducing environmental impact and improving energy supply.
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Expected impact on energy supply
By transforming gas-flare waste into energy, the collaboration could expand Nigeria’s power generation capacity and reduce reliance on more costly or less sustainable energy sources. This may translate into more stable power availability for industrial and residential users.
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Broader significance
In a country where power supply challenges persist, such initiatives may help address the energy deficit. Additionally, reducing routine gas flaring contributes to environmental improvement. The agreement may also encourage more collaboration between government-linked firms and private energy companies.
