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IEA calls for urgent reduction in methane emissions from oil, gas sector

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The International Energy Agency (IEA) has called for methane emissions in the oil and gas sector to be reduced more quickly in order to achieve climate protection targets.

The IEA in Paris said, almost 120 million tonnes of methane were released in 2023 from the production of these two fossil fuels.

It said that there was a slight increase on the previous year.

In addition, it said around 10 million tonnes of methane were released from bioenergy sources such as the use of biomass.

The IAEA said the main emitters of methane pollution were the U.S., Russia and China.

“A reduction in methane emissions of 75 percent by 2030 is necessary to limit global warming,” said IEA Director, Fatih Birol.

It is now important to translate commitments made by almost 200 countries at the UN Climate Change Conference in Dubai last December into action, he said.

This alone would halve methane emissions by 2030.

Methane is responsible for almost a third of the global rise in temperature since the Industrial Revolution and the energy sector while the second has the largest source of emissions from human activities.

This is according to the IEA report.

Although methane volatilises faster in the atmosphere than carbon dioxide, it is a much stronger greenhouse gas during its short lifetime.

Reducing methane emissions is therefore one of the best ways to limit global warming and improve air quality in the short term, the agency said.

The IEA calculated that around 40 percent of methane emissions from fossil fuel extraction in 2023 could have been avoided without additional costs.

The value of the methane captured was higher than the cost of the abatement measured.

Methane emissions are produced in the energy industry by leaking pipelines or during extraction as a by-product, which is often flared off, although not all methane is converted into carbon dioxide.

Energy

Port-Harcourt refinery may resume operations July — IPMAN

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The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria (IPMAN), Chief Ukadike Chinedu has revealed that the refinery may resume operations in July.

Speaking to journalists during the week, Ukadike stated that the development would stimulate economic activities, reduce the price of petroleum products and ensure adequate supply.

The IPMAN official stated that the work done represented a complete turnaround, not just rehabilitation, emphasising that every effort would be made to meet the July deadline.

Ukadike said, “Yes when we visited the place, the MD told us that the refinery was almost ready and by the end of July, they would start producing. It has been turned into a new one. They changed all the armoured cable to brand new and everything there is almost like a brand-new refinery.”

“The turnaround on maintenance is very massive and the job is being done day and night. All hands are on deck to make sure that they meet that target. By the end of July the refinery should be ready,” He said.

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Energy

Port-Harcourt refinery may resume operations July – Report

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The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria (IPMAN), Chief Ukadike Chinedu has revealed that the refinery may resume operations in July.

Speaking to newsmen on Monday, Ukadike stated that the development would stimulate economic activities reduce the price of petroleum products and ensure adequate supply.

The IPMAN official stated that the work done represented a complete turnaround, not just rehabilitation, emphasising that every effort would be made to meet the July deadline.

Ukadike said, “Yes when we visited the place, the MD told us that the refinery was almost ready and by the end of July, they would start
producing. It has been turned into a new one they changed all the armoured cable to brand new and everything there is almost like a brand-new refinery.”

“The turnaround on maintenance is
very massive and the job is being done day and night. All hands are on
deck to make sure that they meet that target. By ending of July the refinery should be ready.” He said.

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Energy

NDDC inaugurates Edo electricity sub-station

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The Niger Delta Development Commission (NDDC) has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.

Speaking at the commissioning ceremony, the NDDC Managing Director, Dr Samuel Ogbuku, re-stated the Commission’s resolve to fully comply with President Bola Ahmed Tinubu’s directive that all on-going projects were completed and commissioned.

He said: “Today marks the second day in our series of project commissioning. On Saturday, we were in Abia State to commission the 9-kilometer Obehie-Oke-Ikpe Road and flagged off the re-construction of Oke-Ikpe-Akwete-Ohambele Road, phase II.

“Our presence here today is to share the success story of our commissioning of projects and emphasise how the NDDC is a true blessing to the people of the Niger Delta. We have made remarkable progress. Our goal is not to compete with State Governments but to complement their efforts, along with other federal agencies, in driving development in the region.

“We are here to celebrate success, as Mr. President has directed that every stalled project be completed and commissioned for the benefit of the people. By prioritising the completion of such projects, we are making a difference in the lives of our people.”

Ogbuku said that the Commission was committed to improving the living conditions of Niger Deltans, stating: “Our objective is to move the NDDC from a transactional Commission to one that is committed to the sustainable development and transformation of the Niger Delta region.”

The NDDC boss commended the traditional rulers and leaders of the benefiting communities for securing the project site and equipment to protect them from vandals. As a reward for their peaceful disposition and protecting government assets, Ogbuku promised that the NDDC would award a contract for the reconstruction of the dilapidated road leading into Amufi community.

During the ceremony, the Edo State Governor, Godwin Obaseki, who was represented by the Commissioner for Mining and Energy, Hon. Enaholo Ojiefoh, commended the NDDC for complementing the efforts of the state government in rural electrification.

He described the NDDC Managing Director as “Mr. Project of the Niger Delta region.”

“We are going to take it up from here by enhancing the security network to protect all your projects in Edo State. We are very happy today to be part of the commissioning of this project.”

The NDDC Executive Director, Projects, Sir Victor Antai, said that the project would increase productivity in businesses for companies and artisans in the beneficiary communities.

According to him: “The features of the project include; installation of 15MVA, 33/11KV transformer with 33KV 1250A SF6 circuit breaker, switch gear panels, tripping unit and 1km 33KV high tension overhead line.

The representative of Edo South Senatorial District, Senator Neda Imasuen, underscored the fact that light eliminates darkness and opens up communities to development. He expressed delight that his constituents would begin to enjoy better services from the electricity company serving the area.

He stressed: “The transformative power of electricity cannot be overstated; this project will have a multiplier effect on businesses within the community.”

Also speaking, the immediate past Senator representing Edo South in the National Assembly, Senator Mathew Urhoghide, said the impact of electricity projects were enormous, noting that the communities in Ikpoba Okha LGA would begin to reap the benefits of NDDC’s contribution to rural development.

He remarked: “For the people in this community, this project will assist in their development by providing access to electricity, benefiting both the residents and local establishments.”

The Edo State Representative on the NDDC Governing Board, Hon. Patrick Aisowieren, said he was happy that the substation project, which commenced a few years back, had been successfully completed.

He said further: “I urge the community to take ownership of this facility for the greater good of the community and the entire Edo State.

The traditional ruler of Amufi, Ohen Iyi-Ewuara Asenoguan, thanked the NDDC for executing the electricity project and appealed for more infrastructural projects in the area.

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