The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has renewed the Federal Government’s commitment to end gas flaring by 2020, The Guardian reports.
The Minister, who gave this assurance in the monthly bulletin of Organisation of the Petroleum Exporting Countries (OPEC), said Nigeria’s desire is to end gas flaring 10 years ahead of the 2030 United Nations deadline on flare out. According to him, Nigeria is about 70 per cent compliant on gas flare exit, and hopes to take away the other 30 per cent within the 2020 deadline.
Speaking on the gas policy, he said: “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.” He added; “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.”