Nigeria is struggling to generate commitment from prospective investors able to monetise gas resources currently wasted at 180 gas flaring sites across the nation where some 800 million cubic feet of associated gas goes up in smoke every day, according to officials.
The Nigerian Gas Flare Commercialisation Programme (NGFCP) had hoped to attract submissions by 28 February from suitors aiming to acquire a prescribed statement of qualification, but Upstream understands that very few have responded in time.