March 2, 2024

FG, stakeholders to brainstorm on energy transition


The Federal Government is set to brainstorm with stakeholders in the oil and gas, and energy sector as part of the country’s efforts in meeting its global energy and climate goals

The workshop, which would have local and international experts on carbon capture, utilisation and storage (CCUS), oil and gas, and energy transitions in attendance, will be jointly hosted by the vice president’s office and the International Energy Agency (IEA) on September 10, 2021.

It aims at facilitating Nigeria’s energy transition through carbon capture, utilisation, and storage (CCUS) development.

A statement by the technical adviser on gas business and policy implementation to the Minister of State, Petroleum Resources, Engr. Justice Derefaka, said this would help Nigeria meet its 17 Sustainable Development Goals (17-SDGs) by transitioning to a cleaner and lower-carbon energy system.

The statement reads in part: “As you may all know; humanity is currently confronted with one of the greatest problems it has ever faced. The dilemma is how Nigeria, and the rest of the world can meet rising energy demand while also attempting to transition to a cleaner, lower-carbon energy system in order to combat climate change and air pollution. Each of us has a responsibility to our country, and we must all do our share. We need to deliver greater and cleaner energy as a government. So, how can the oil and gas industry and other sectors prosper during this period of energy transition? It is, first and foremost, a projection of the future.

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