Hannah Williams
Tue, Aug 1, 2023 2:10 PM

Nigeria Commits to Fossil Fuels Despite Energy Transition Campaign

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Nigeria Commits to Fossil Fuels Despite Energy Transition Campaign
Nigeria's Group CEO of NNPC Limited emphasized the country's commitment to fossil fuels while also increasing the adoption of alternative cleaner energy sources. With a focus on gas development, Nigeria aims to achieve affordable and clean energy, supporting the United Nations' Sustainable Development Goal (SDG) of accessible and sustainable energy.

Lagos, Nigeria - Despite the global push for energy transition, Nigeria remains steadfast in its commitment to fossil fuels, according to the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mallam Melee Kyari. Speaking at the Society of Petroleum Engineers' Annual International Conference & Exhibition NAICE, Kyari highlighted Nigeria's intention to balance the dominance of fossil fuels with the expansion of cleaner energy sources.

Recognizing the need to use its existing resources strategically, NNPC Limited has identified gas as a transition fuel. Nigeria boasts significant gas reserves, approximately 209.5 Trillion Cubic Feet, with a potential upside of up to 600 TCF. Leveraging these reserves, the country aims to realize a cleaner and more affordable energy vision.

While alternatives like solar and wind energy have their limitations, including technology constraints and insufficient energy generation to meet demands, gas development offers a promising solution. Kyari emphasized NNPC's plans to sustain and enhance gas development and infrastructure projects, aligning with the United Nations' Sustainable Development Goal (SDG) No. 7: affordable and clean energy.

"Our strategic energy plan involves finding a balance for the energy trilemma," said Kyari. "We are expanding our gas development and infrastructure across the country to increase energy accessibility."

As Nigeria strives for a just and equitable transition, Kyari called upon all industry stakeholders, including the Society of Petroleum Engineers (SPE) Nigeria Council, to contribute to the provision of clean, efficient, and affordable energy options for the nation's over 200 million citizens.

In addition to harnessing existing resources, Kyari stressed the importance of innovative research, development, and adoption of new and emerging technologies within the energy sector. He believes the success of Nigeria's energy efforts will depend on delivering a wide range of affordable energy sources sustainably.

"Securing our operations is crucial for achieving our goals," Kyari emphasized.

Despite growing international pressure to phase out fossil fuels, Nigeria's commitment to balancing traditional energy sources with cleaner alternatives demonstrates a pragmatic approach. As the country continues to invest in gas development and infrastructure, it envisions a future where affordable energy is accessible to all Nigerians, aligning with the global goals for sustainable development.

Source of content: OOO News 2023-08-01 News

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