NNPC says increased use of gas for power between December 2011 and January 2012 led to the reduction
There was a five percent reduction in the volume of gas flared in the country between December 2011 and January 2011, the Nigerian National Petroleum Corporation (NNPC) has said.
The corporation, in the May edition of its online Monthly Petroleum Information (MPI), reported that gas flaring within the period dropped from 19 percent to 14 percent.
The report attributed the drop to increased use of gas for power generation, export and industrial applications.
According to the report, out of 215.84 billion standard cubic feet (bscf) of gas produced in January, 199.41bscf was effectively utilised.
NNPC said that only 30.16bscf or 13.97 percent of the total gas production was flared at both the onshore and offshore oil fields in the month under review.
The report, in its breakdown, disclosed that 66.87bscf of gas was sold to third parties by the oil firms for industrial use, as well as the utilisation of gas for fuel and re-injection at the oil fields.
Shell Petroleum Development Company (SPDC) sat at the top of the gas production chart, with 76.4bscf produced and only 5.94bscf of the gas flared.
Shell was followed by Mobil Producing Nigeria Unlimited with 9.85bscf of gas flared out of the 38.63bscf produced.
