cover image: Strengthening Methane Emissions Reduction in Nigeria’s Oil and Gas Sector

Strengthening Methane Emissions Reduction in Nigeria’s Oil and Gas Sector

22 Jul 2024

S T R E N G T H E N I N G M E T H A N E E M I S S I O N S R E D U C T I O N I N N I G E R I A’ S O I L A N D G A S S E C TO R 2 Introduction Reducing methane emissions is both a global climate imperative and a matter of urgent domestic importance for Nigeria. [...] S T R E N G T H E N I N G M E T H A N E E M I S S I O N S R E D U C T I O N I N N I G E R I A’ S O I L A N D G A S S E C TO R 5 Present state of methane emissions in Nigeria Economic harms Methane emissions pose a formidable challenge for Nigeria’s hydrocarbon-driven economy. [...] The NUPRC Fugitive Methane and Greenhouse Gas Emissions Guidelines and the Regulation on Gas Flaring, Venting, and Methane Emissions, 2023 do not require oil companies to disaggregate greenhouse gas emissions by type and quantity. [...] S T R E N G T H E N I N G M E T H A N E E M I S S I O N S R E D U C T I O N I N N I G E R I A’ S O I L A N D G A S S E C TO R 2 0 Recommendations for improving methane emissions reduction in Nigeria Looking ahead, the government, oil and gas companies, civil society, and international partners can all help Nigeria shrink its methane footprint. [...] Oil and gas companies should participate in independent data verication and disclosure initiatives, such as the new EITI requirements for greenhouse gas emissions and the NEITI audit process, to reduce the likelihood of data misrepresentation and shifts in investor and customer decisions due to heightened pressure from stakeholders.

Organizations mentioned

Pages
27
Published in
United States of America

Table of Contents