- August 5, 2021
- Posted by: adminer
- Category: Natural Resources, Trade and Industry
The Federal Government said it would optimise the country’s abundant gas resource to achieve transition to low carbon energy sources.
Chief Timipre Sylva, Minister of State for Petroleum Resources, said this assertion at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual International Conference and Exhibition (NAICE) on Tuesday in Lagos.
The conference has as its theme: “The Future of Energy – A Trilogy of Determinants: Climate Change, Public Health, and the Global Oil Market.”
Sylva said: “The scenario being projected by some energy experts is that energy transition to low carbon energy sources would make the world a better living place with a cleaner climate.
“I believe so too, likewise the Government of Nigeria.”
He, however, faulted the assumption that the transition to the use of low carbon energy solutions must happen simultaneously across the globe.
The minister noted that those pushing for the move failed to take into account the different socio-economic, political and developmental peculiarities of individual nations.
“Let me state categorically that our approach towards the climate-change-net-zero-emission debate is to optimise the use of our abundant gas resource domestically as a transition fuel option towards meeting our Nationally Determined Contributions on climate change.