- The firm plans to eliminate gas flaring and global greenhouse gas emissions from its oil and gas facilities by 40% by 2030.
- TotalEnergies is ramping up the solarisation of energy sources in its facilities and host communities in Nigeria.
The Managing Director of TotalEnergies, Mathieu Bouyer, said the company will eliminate gas flaring activities by the end of 2023. He said this at the ongoing 41st Nigerian Association of Petroleum Explorationists (NAPE) annual international conference and exhibition in Lagos.
The Managing Director said the firm plans to have an energy mix of gas at 50 per cent, petroleum products at 30 per cent, electricity at 15 per cent, and biomass and hydrogen at 5 per cent by 2030. In addition, he said that TotalEnergies plans to reduce global greenhouse gas (GHG) emissions from its oil and gas facilities by 40 per cent by 2030.
He said, “We are ramping up the solarisation of energy sources in our facilities and host communities in Nigeria. This is from a modest generation of 0.12 megawatts (MW) in 2021 to 0.55 megawatts peak (MWp) in 2023, with a target of 9.4 MWp by the end of 2025. We will eliminate routine flaring at our installations in Nigeria by the end of 2023. In this energy transition journey, we recognise the strategic role of natural gas. Gas produces half the GHG emissions of coal for the generation of electricity. It emits less GHG than oil for the same quality of energy, and in its liquefied form (liquefied natural gas), it offers similar ease of storage and transport.”