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Although Nigeria has reduced flare gas emissions by 28% from 2000 levels, the country’s oil industry still wastes 15bcm of natural gas every year. Elsewhere in West Africa, Angola, EquatorialGuinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year.
To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action.
This MoU, coupled with previous agreements signed with Cameroon and Nigeria, support our national mandate to facilitate the production and trade of African petroleum products and create value-added industries. —EquatorialGuinea’s Minister Gabriel Mbaga Obiang Lima. —DRC Minister Didier Budimbu Ntubuanga.
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