Nigeria pitches $2.2bn flare gas plan at COP31 as flaring persists

Nigeria's upstream regulator is marketing a $2.2 billion gas flare commercialisation programme to investors at COP31, claiming flare sites could support projects using up to 250 million standard cubic feet per day. The pitch signals a policy push to monetise flared gas, but persistent flaring and past programme delays raise execution risk. The initiative could reduce emissions and boost gas supply, but its viability depends on investment and infrastructure.

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