When compared to the 260.3 billion SCF of petrol flared over the course of a year in 2021, which was valued $911.0 million (N420.007 billion), the volume of petrol flared in 2022 is down 13.6 percent.
In addition, NOSDRA noted that penalties for the violating oil companies were likely to total $449.8 million, or roughly N207.376 billion, to be paid to the federal government’s coffers in 2022 as opposed to penalties of $520.6 million, or N240.017 billion, anticipated to be paid in 2021.
The environment agency also stated that the volume of gas flared in 2022 was equivalent to carbon dioxide emissions of 11.9 million tonnes, in contrast to 13.8 million tonnes in 2021, while the gas flared in 2022 was capable of generating 22,500 gigawatts hour of electricity (GWh) versus 26,000 GWh in 2021.
Breakdown shows that in January, February, March, April, May, and June 2022, 19.143 billion SCF, 14.044 billion SCF, 10.488 billion SCF, 6.633 billion SCF, 8.715 billion SCF, and 4.875 billion SCF of gas were flared respectively; while 5.676 billion SCF, 5.381 billion SCF, 3.342 billion SCF, 6.847 billion SCF and 13.039 billion SCF of gas were flared in July, August, September, October, November, and December.
Furthermore, NOSDRA disclosed that in the onshore oil space alone, Shell Nigeria flared 58.5 billion SCF of gas, valued at $204.8 million (N94.42 billion), and was liable to penalties payment of $117 million (N53.94 billion).
The flares were recorded from Shell Nigeria’s Oil Mining Leases (OML) 05, 11, 13, 14, 17, 18, 20, 22, 23, 28, 29, 30, 35, 39, 40, 43 and 46, among others; while offshore, Shell flared 5.8 billion SCF of gas from OML 79 and Oil Prospecting License 212.
In addition, gas flares were recorded at Chevron Nigeria’s OML 49, 90 and 95; Mobil Producing Nigeria’s OML 67, 70, and 104, Addax’s OPL 98, 118 and 225; Nigerian Agip Oil’s OPL 316 and OML 61; Elf Petroleum Nigeria’s OML 56; and Esso E&P’s OPL 209, among others.
