In a significant move to boost Nigeria’s power supply and reduce environmental impact, Heirs Energies announced today a landmark step in its gas commercialisation strategy. The company has signed new Gas Flare Commercialisation Agreements through its joint venture with NNPC Limited, aimed at converting previously wasted flare gas into usable energy for the nation.
The agreements mark a decisive shift from flaring to value creation, targeting three core areas of national development: energy security, environmental sustainability, and economic growth.
Under the new framework, gas that was routinely flared on OML 17 will now be captured, processed, and directed toward critical infrastructure. This initiative is expected to generate substantial additional electricity for the national grid, powering homes, industries, hospitals, and businesses.
“This is about turning a liability into an asset,” a Heirs Energies representative stated. “We are taking gas that was literally burned off and transforming it into a reliable source of power for Nigeria. It’s a win for energy access and a win for our environment.”
The project establishes a clear, actionable pathway toward eliminating routine gas flaring across Heirs Energies’ operations on OML 17. This commitment aligns with global environmental standards and Nigeria’s own decarbonisation goals, promising a significant reduction in greenhouse gas emissions and local pollution.
Beyond power generation, the initiative is designed to spur broader economic activity. By commercialising flare gas, Heirs Energies is enabling a new value chain involving several Nigerian gas offtakers, including AUT Gas, Twems Energies, Gas & Power Infrastructure Development (GPID), PCC Development Limited, and Africa Gas Technology Company Limited.
This collaboration is expected to foster new businesses, create jobs, and stimulate local industrial growth, turning an environmental challenge into a foundation for shared prosperity.
Heirs Energies highlighted that the milestone was achieved through strategic collaboration with key partners, including NNPC Limited and the regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The company emphasised that its approach is guided by the principles of Africapitalism—leveraging private investment to generate both economic profit and lasting social wealth.
“Today’s announcement is more than a corporate milestone; it’s a commitment to long-term value for Nigeria,” the company said. “By converting flare gas into power, we are investing in the nation’s energy independence, environmental health, and economic future.”
Heirs Energies is a leading African-owned integrated energy company focused on harnessing Nigeria’s natural resources to drive sustainable development and create value for its stakeholders and communities.
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