Nigeria insists on 2008 deadline for ending gas flaring
The Federal Government has re-affirmed its resolve to compel oil companies in the country to stop gas flaring in
Speaking at the Fifth National Conference on Gas Development and Utilisation in Lagos, the Special Assistant to the President on Petroleum Matters, Alhaji Ja'afaru Aliu Paki, said there was no going back on flaring of gas in the country.
Gas flaring has remained an issue in the country for decades, stoking persistent criticisms from environmental rights
groups and residents of the oil-rich Niger Delta region.
Paki said that government had now outlined a long-term vision to boost gas production in the country to make as much revenue as was being made from crude oil exports currently. According to him, government expected to make huge revenues from gas by 2010, following its aggressive development of the gas sub-sector of the economy.
The presidential aide estimated that the country had about 187 tcf of gas, stating that government was creating the
enabling environment to attract additional investors to the sector. He said that government had resolved to extend
gas penetration in the domestic market in its bid to facilitate the growth of the power and industrial sectors of the
Paki said that plans were also underway to streamline the permit process for gas projects to ensure accelerated gas projects development. He said the government had realised the need to take necessary steps to make the gas business to stand on its own without undue reliance on activities in the oil sector.