January 10, (THEWILL) – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has shortlisted 139 companies for the next stage of the gas flaring commercialisation programme.
Although the NUPRC has not disclosed when the next phase would commence, a statement by its chief executive, Gbenga Komolafe, said the move is part of plans to reduce carbon emissions.
According to Reuters, Komolafe said out of the 300 companies that applied, 139 had been shortlisted to proceed to the next stage of the programme.
Earlier in September 2022, Minister of State for Petroleum Resources, Chief Timipre Sylva, said plans were at an advanced stage to commercialise gas burned from its oil fields to help cut 15 million tonnes of carbon emissions from the atmosphere.
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