The federal government and the International Energy Agency (IEA), the global energy authority, will host stakeholders in the oil and gas sector on Friday, September 10, as part of Nigeria’s efforts at facilitating its energy transition through carbon capture, utilisation, and storage, (CCUS) development.
This was disclosed by the technical adviser on gas business and policy implementation to the Minister of State, Petroleum Resources, Mr Justice Derefaka, in a statement.
He noted that the workshop was geared towards meeting Nigeria’s global energy and climate goals and would have local and international experts on CCUS and also help Nigeria meet its 17 Sustainable Development Goals (17-SDGs) by transitioning to a cleaner and lower-carbon energy system.
“As you may all know; humanity is currently confronted with one of the greatest problems it has ever faced. The dilemma is how Nigeria and the rest of the world can meet rising energy demand while also attempting to transition to a cleaner, lower-carbon energy system in order to combat climate change and air pollution.
“Each of us has a responsibility to our country, and we must all do our share. We need to deliver greater and cleaner energy as a government. So, how can the oil and gas industry and other sectors prosper during this period of energy transition? It is, first and foremost, a projection of the future.
“It was on this topic that the United Nations convened two historic sessions in 2015. At that session, world leaders agreed on 17 Sustainable Development Goals (SDGs) in New York, USA.
“They range from eradicating hunger to ensuring clean water is available for everyone whilst spotting energy as a ‘critical’ common link for achieving these ambitious goals.
“Later that year, in Paris, world leaders, including Nigeria’s president, His Excellency, Muhammadu Buhari, GCFR, pledged to strive toward keeping global warming far below 2°C over pre-industrial levels, in order to prevent the more serious consequences of climate change,” the statement read in part.
According to him, the use of energy products, like oil and gas and coal – for power, heating, cooling, industry, transport – cause majority of the world’s greenhouse gas emissions, therefore, changing the mix of energy products in the energy system is essential to address climate change.
He stressed that the United Nations 17-SDGs must be implemented in order to create a sustainable and just future for all humankind and our planet.