An indigenous company, Niger Delta Petroleum Resources Limited, has clinched the 2015 Global Gas Flare Reduction Excellence Award.
The award conducted by the Global Gas Flaring Reduction Partnership – a World Bank Group initiative, will be conferred on Niger Delta Petroleum at this year’s award ceremony, the 4th in the series, holding September 9 to 10 in the Russian Federation.
Also Read: Nigeria Government to Conduct A Bid Round For Flare Gas
In a statement congratulating the company over the award, the Department of Petroleum Resources, DPR, said the international award testified to Nigeria’s progress in strengthening indigenous capacity in adhering to international best practices while exploiting the nation’s natural resource.
DPR also explained that Niger Delta Petroleum’s achievement was more remarkable as the company was preparing to celebrate the anniversary of its 10th year of production in the oil and gas sector.
Also Read: Nigeria Set to Lead Africa in Gas Flare Commercialization
“We commend the relentless efforts of the management and staff of Niger Delta Petroleum Resources Limited in ensuring gas flares reduction in their Ogbele Gas Field Project, in line with government’s flare down policy, which has led to this global recognition,” DPR said.
The statement added: “We rejoice with them and acknowledge their excellent achievements as being the first indigenous company with a fully integrated oil and gas operation across the entire value chain of the Nigerian oil and gas sector.”
Also Read: Gas Utilisation and Commercialization: Next Big Thing in Sub-Sahara Africa?
DPR vowed to continually provide needed support and guidance to all operators in an effort to encourage optimal productivity of their respective assets in line with global standards, noting that this would ensure a positive economic growth in Nigeria and sustainable development in the sector.