11 Jun 2025

NUPRC OUTLINES NIGERIA’S UPSTREAM ENERGY SUSTAINABILITY AND DECARBONISATION AGENDA AT GLOBAL ENERGY SHOW IN CANADA

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),Engr. Gbenga Komolafe, has presented the Commission’s plans to reduce carbon emissions from Nigeria’s oil & gas sector while continuing to support energy security and economic growth at the 2025 Global Energy Show, in Canada.

The CCE, represented by the Director, Energy Sustainability and Carbon Management of the NUPRC, Engr. Joseph Olawole Ogunsola, the NUPRC boss explained that Nigeria is working to balance the need for enhanced energy production with environmental responsibility, while describing the global energy transition not as a challenge but as an opportunity to build a future that balances energy, the economy, and the environment. The objective of our decarbonization agenda is to future-proof the industry for enhanced global competitiveness in the years ahead, the upstream industry regulator posited.

Speaking on Nigeria’s Natural Gas as a bridge to an energy-secured future, Engr Komolafe, disclosed that, Nigeria holds the largest natural gas reserves in Africa with 210.54 trillion cubic feet and a potential of up to 600 trillion cubic feet. He added that by 2030, natural gas is expected to represent more than 70 percent of the country’s energy mix.

This he said is part of Nigeria’s Energy Transition Plan, which aims to achieve net zero carbon emissions by 2060 coupled with the government’s launch of the Nigerian Carbon Market Activation Policy, which has potential to generate 2.5 billion dollars by 2030 through carbon trading and emission reduction efforts that has the full backing of President Bola Ahmed Tinubu who is calling for urgent climate action and aligning Nigeria’s policies, regulations, and investments to support the shift toward cleaner energy.

Engr. Gbenga Komolafe also spoke on strategic initiatives by NUPRC designed to reduce the environmental impact of Nigeria’s oil and gas industry, which include, Decarbonisation and Sustainability Blueprint, a plan launched in March 2025, focusing on cutting emissions, ending gas flaring, improving efficiency, and using innovative technologies, the Nigerian Gas Flare Commercialisation Programme (NGFCP, which aims to reduce gas flaring at 49 sites, cutting up to 7 million tonnes of carbon emissions annually, the Upstream Petroleum Decarbonisation Template (UPDT), that ensures emissions reduction and sustainability strategies are part of project planning from the start, and the development of Carbon Capture and Storage(CCS), through pilot and full scale CCS projects to identify underground sites that could safely store carbon emissions.Others, according to the CCE, are guidelines for carbon management, and the measurement and reporting systems.

Higlighting the importance of partnerships and opportunities, Engr. Komolafe extended an invitation to the Canadian regulators and energy companies to work with Nigeria on sustainable energy practices, where he highlighted AFRIPERF, an initiative led by the NUPRC to galvanize African petroleum regulators in promoting value driven, climate responsible energy strategies geared towards enhancing competitiveness and investment attractiveness.

He added that the NUPRC is keenly aware of the role of regulatory certainty, predictability and transparency in attracting investors and that Nigeria is positioning itself not just as a participant but as a leader in the global energy sustainability through effective policies, business-friendly reforms and optimized regulatory practices to valorise Nigeria’s abundant oil and gas resources for shared prosperity.

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