Petroleum Engineers Calls For Maximisation Of Gas Resources

The society advocated the need for strict enforcement of gas flaring penalty by oil companies to deter the practice, which was affecting the country negatively.

The SPE recalled that president Muhammadu Buhari had assured the global community of Nigeria’s commitment to achieving a net zero carbon emission by 2060 and was working towards that but urged the government to deploy adaptive strategies that protect Nigerians from the socio-economic impact. Chairman, SPE, Nigeria Council, Olalekan Olafuyi, stated these at a press conference preparatory to the 2022 Nigeria Annual International Conference and Exhibition in Lagos.

The NAICE is a yearly event of the SPE and this year’s edition is scheduled to hold from August 1, to August 3, in Lagos. Olafuyi said, the theme of the conference: “Global Transition to Renewable and Sustainable Energy and the Future of Oil and Gas in Africa”, is very apt and in line with current realities.

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