The NNPC/Heirs Energies OML 17 Joint Venture has advanced Nigeria’s gas commercialization and environmental stewardship agenda with the signing of Gas Flare Commercialization Agreements under the Nigerian Gas Flare Commercialisation Programme and approved Non-NGFCP frameworks, marking a significant transition from regulatory approvals to structured commercial execution.
The agreements bring together Heirs Energies, as operator of the OML 17 Joint Venture, and approved flare gas offtakers—AUT Gas, Twems Energies, Gas & Power Infrastructure Development Limited, PCCD, and Africa Gas & Transport Company Limited—under frameworks designed to eliminate routine flaring while converting previously wasted resources into economic value.
The Chief Upstream Investment Officer of NUIMS, Engr. Seyi Omotowa, representing NNPC Limited, described the milestone as a practical demonstration of Nigeria’s commitment to gas-based development. “For us at NNPC Limited and NUIMS, flare gas commercialisation is not a compliance exercise; it is a strategic pathway to improving energy availability, deepening gas-based industrialisation and strengthening Nigeria’s position as a responsible energy producer. OML 17 has become a practical model of this vision, moving decisively from approval to delivery,” he said.
The Nigerian Upstream Petroleum Regulatory Commission was represented by Mr. Ojo Olalekan Ezekiel, Senior Manager, who reaffirmed the Commission’s commitment to supporting the implementation of flare gas commercialization projects. Heirs Energies’ Chief Executive Officer, Osa Igiehon, noted that the agreements reflect the company’s broader gas-led strategy and brownfield excellence approach, focused on creating long-term value for Nigeria.
The NGFCP and Non-NGFCP flare gas projects build on recent operational progress by the OML 17 Joint Venture, including a significant increase in gas delivery to the domestic market through brownfield interventions and infrastructure optimization. With the signing completed, the flare gas offtakers are expected to progress into full project implementation, working closely with the JV, regulators, and communities to deliver commercial, environmental, and social outcomes.Source: championnews.com.ng