In a statement Chief Corporate Communications Officer, NNPC Ltd. Abuja Olufemi O. Soneye said this milestone was reached through an AG reinjection strategy at the Madu field in OML 85, offshore Bayelsa State, where gas that would have been flared is now stored in a designated underground reservoir. The initiative aligns with Nigeria’s Nationally Determined Contributions under the Paris Agreement, aiming to cut emissions by 20% unconditionally and 47% conditionally.
The reduction complies with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) framework, demonstrating the JV’s commitment to environmental standards and global best practices.
NNPC Ltd’s Group Chief Executive Officer, Mele Kyari, stated: “This achievement reflects our commitment to responsible resource management and sustainable energy production in line with global environmental standards.”
Ademola Adeyemi-Bero, MD/CEO of First E&P, added: “By significantly reducing our carbon footprint, we are driving a sustainable energy future that benefits both the environment and our host communities.”
Looking ahead, the JV plans to commercialize the stored gas and other stranded gas resources within the Niger Delta, reinforcing its commitment to environmental sustainability and energy security.