02 July 2012, Sweetcrude, LAGOS – US companies, ExxonMobil and Chevron, together with Italy’s Agip led Nigeria’s gas flaring chart in the month of February, according to the latest edition of Monthly Petroleum Information published by the Nigerian Nation Petroleum Corporation (NNPC).
Mobil Producing Nigeria Unlimited (MPNU), the local Nigerian arm of ExxonMobil lead the chart, followed by Agip and Chevron in the second and third places respectively.
MPNU flared 10.60 billion standard cubic feet of gas in the month and 9.85 billion standard cubic feet of gas in January.
MPNU, the operator of the Qua Iboe oil fields, off Akwa Ibom coastline, produced a total of 35,07 billion cubic feet of gas, utilised 25.05 billion cubic feet to fuel its operations and sold the remainder to industrial users.
On its part, Chevrona flared 8.52 billion cubic feet of gas out of the 21.38 billion cubic feet of gas it produced while utilising 12.85 billion cubic feet of its gas production.
Nigeria’s Agip Oil Company, which is third on the table of gas flared 7.5 billion cubic feet of gas out of 38.69 billion cubic feet it produced.
But, it used 29.05 billion cubic feet of gas for power generation and sell to third parties to stabilise oil production.
According to the report, 45.17 billion cubic feet of gas (about 21.93 per cent of total production) was flared in onshore and offshore oil fields in Nigeria in the month under review.
The total gas production from oil fields in the country in February stood at 206.02 billion cubic feet.