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TotalEnergies JV earns $1.4 million carbon credit in 2020

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.Restates commitment to end gas flare in Nigeria by 2030

 

By Sulaimon Salau

TotalEnergies and its Joint Venture partner the Nigerian National Petroleum Corporation (NNPC) earned about $1.4 million through the sales of carbon credit in the United Kingdom market in 2020.

 

The Deputy Managing Director, Total Deepwater District, Mr. Victor Bandele who made this known at a virtual news conference in Lagos, reinstated the company’s drive towards reducing carbon emissions in line with Nigeria’s latest climate plan.

 

Bandele assured that TotalEnergies is committed to eliminating routine gas flaring by the year 2030.

 

He explained that the company’s mission was to produce and supply energy to meet the challenge of the 21st century, while playing an active role in the transformation that is underway in the energy industry.

 

Bandele who announced the change of the company’s name in Nigeria from Total Exploration and Production Nigeria Ltd to TotalEnergies Exploration Production Nigeria Ltd, including that of its upstream sector, stated that all the company’s communication and signage would now reflect the new logo and names as applicable.

 

While highlighting the trailblazing role of the company which has been involved in the oil and gas business in Nigeria for over 60 year, Bandele said “all projects since 1999 are designed with zero gas flare target.

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Serena Williams

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.Restates commitment to end gas flare in Nigeria by 2030

 

By Sulaimon Salau

TotalEnergies and its Joint Venture partner the Nigerian National Petroleum Corporation (NNPC) earned about $1.4 million through the sales of carbon credit in the United Kingdom market in 2020.

 

The Deputy Managing Director, Total Deepwater District, Mr. Victor Bandele who made this known at a virtual news conference in Lagos, reinstated the company’s drive towards reducing carbon emissions in line with Nigeria’s latest climate plan.

 

Bandele assured that TotalEnergies is committed to eliminating routine gas flaring by the year 2030.

 

He explained that the company’s mission was to produce and supply energy to meet the challenge of the 21st century, while playing an active role in the transformation that is underway in the energy industry.

 

Bandele who announced the change of the company’s name in Nigeria from Total Exploration and Production Nigeria Ltd to TotalEnergies Exploration Production Nigeria Ltd, including that of its upstream sector, stated that all the company’s communication and signage would now reflect the new logo and names as applicable.

 

While highlighting the trailblazing role of the company which has been involved in the oil and gas business in Nigeria for over 60 year, Bandele said “all projects since 1999 are designed with zero gas flare target.

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