Afrigather 
The Federal Authorities mentioned {that a} whole of 139 buyers had proven readiness to monetise the gasoline flares from the 48 flare websites throughout the nation.
It disclosed this on the 2022 Nigerian Gasoline Flare Commercialisation Programme Bidders Convention and Buyers Discussion board, organised to intimate all certified candidates, companions, sponsors and expertise suppliers on the construction of the ‘Request for Proposal”, for the flare websites.
The discussion board additionally offered additional steering on upcoming programme of actions, whereas it gave the federal government a possibility of listening and collating suggestions from all contributors in the direction of optimising the RFP section.
In his handle on the occasion, the Chief Govt, Nigerian Upstream Petroleum Regulatory Fee, Gbenga Komolafe, congratulated all of the certified candidates for his or her profitable efficiency in the course of the Assertion of Qualification section of the bid course of, as he careworn on their capability to monetise gasoline flares.
He mentioned, “It’d curiosity you to notice that the programme acquired over 300 functions from candidates however solely 139 had been adjudged certified/profitable following the analysis train performed in step with the RFQ revealed standards.
“Due to this fact, for all certified candidates, your success on the SOQ stage isn’t any imply feat. Nonetheless, that was solely a begin of the journey as the true deal is in making a strong and aggressive proposal, with demonstrable proof for capability to ship on the flare monetisation initiatives, in step with the phrases of the RFP, could be your required vacation spot.”
Komolafe described the programme as a really defining second within the historical past of Nigeria’s oil and gasoline business, “as a result of the NGFCP checks the field in lots of fronts.”
He added, “Other than forestalling the deleterious impacts of gasoline flaring on the atmosphere, the programme additionally ends the wanton wastage of our premium financial useful resource.
“In as we speak’s carbon constrained world, the place fossil gasoline is turning into much less and fewer fashionable, in view of problems with local weather change, pure gasoline has assumed a stature of serious significance because the bridging gasoline for a lot of oil and gasoline producing nations.”
