• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, June 26, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

IOCs, environmentalist differ over payment for gas emission, flaring

Gas

The Matters Press by The Matters Press
July 12, 2022
Reading Time: 2 mins read
0
800 firms compete to manage gas flare sites

Gas flaring

 

RELATED POSTS

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

make case for non-payment for gas emission, gas flaring

The International Oil Companies (IOCs) have yet to start paying for their carbon emission through gas flaring as stated by the Petroleum Industry Act 2021 as they make case for the removal of the clause.

IOCs reason that penalizing them for gas flaring was not the best thing to do, rather they should be encouraged to convert and utilise gas locally and for export to grow the economy.

Making a case for the removal of penalties from the Act, at the 2022 Nigeria Oil and Gas conference in Abuja recently, the Managing Director, TotalEnergies Exploration and Production Nigeria Limited, Mike Sangster, said they are doing all that is necessary to reduce carbon emissions from gas flaring.

Sangster said, “I don’t think penalties are the answer to reducing gas flaring. Likewise we have a very active programme at the company to reduce carbon footprint.

“So every month we are looking at our fuel gas consumption, we are looking at emissions and also looking at ideas and ways that we can drive down on carbon emissions. Therefore I don’t think penalties are the way to go.

“I think we have to make good business sense and I agree to the transition towards more gas development. We will maximise our oil production for sure, but I think we all want to move towards more gas for the domestic market and also for export.

“So anything that can be done to facilitate the demand for gas is encouraging. And I know there is an idea to move at some point towards a willing-buyer willing-seller model in the PIA.”

However, an environmentalist, Franklin D. Magada, founder of Ecoh Monitors of the Niger Delta, said, “It’s disheartening and mind-boggling to hear that an international oil company like TotalEnergies Exploration and Production Nigeria Limited, through its managing director, Mike Sangster, is opposed to the gas flare penalties contained in the Petroleum Industry Act 2021.

“The IOCs are preempting something that Nigerians, especially the Niger Delta people who bear the brunt of gas flare health hazards, should stand up and defend their environment and its laws, especially the Petroleum Industry Act 2021, which should be complied with by the oil companies operating in the region.

“It’s not a foreign practice for polluters to pay, especially in the case of gas flare. The Polluters’ Pay Principle (PPP) is an international environmental law that has been gradually incorporated into international climate change law (Kodolova & Solntsev, 2020) and is operated all over the world.

“I am surprised that an international oil exploration and production company like TotalEnergies is opposed to it in Nigeria and will, in another breath, succumb to it in their international operating fields in France.”

Magada said the Polluters Pay Principle (PPP) contained in the Petroleum Industry Act 2021, Sections 52 (7d), 104 (4

Source

Tags: Gas
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
ECOWAS, Sahel states in deal to  confront terrorism
Foreign

ECOWAS, Sahel states in deal to confront terrorism

June 20, 2025
Next Post
SMEs receive N100bn loan support from Fidelity Bank

SMEs receive N100bn loan support from Fidelity Bank

Nigeria moves to roll out plan to boost livestock

1.5m livestock dead in drought affected parts of Ethiopia

Recommended Stories

Contractor vows to surmount challenges on AKK gas project

FG investigates distribution of substandard inputs to wheat farmers

December 11, 2023
22 African nations in debt crisis

Ethiopia becomes third African state to default on sovereign debt

December 27, 2023
Buhari underscores the opportunities in a single African air transport

Government woos aviation workers to avert strike in Nigeria

February 8, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
  • Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us