The Nigerian Upstream Petroleum Regulatory Commission has threatened sanctions against companies that fail to utilise flare gas sites. These sites were awarded under the Nigerian Gas Flare Commercialisation Programme. Companies that do not make significant progress may face penalties.
The Commission Chief Executive disclosed this during a meeting with the Minister of State for Petroleum Resources. An update on the programme's implementation was presented, stating that the Commission will evaluate awardees' performance one year after the award.
Further details on the sanctions and evaluation process are available from the Commission. The threat of sanctions aims to encourage companies to make progress in utilising the awarded sites.
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