Nigeria loses 62,400GWh electricity as gas flaring rises 18.6% 

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Nigeria has experienced an 18.6% increase in gas flaring, resulting in a loss of 62,400 GWh of potential electricity generation from 2024 to 2025. Experts attribute the issue to weak power markets and poor incentives for gas monetization despite government penalties.

•Expert blames weak power market, poor gas monetisation incentives  By Ediri Ejoh Despite the Federal Government’s gas flaring penalties and efforts to curb the practice, Nigeria lost an estimated 62,400 gigawatt-hours (GWh) of potential electricity generation from flared gas between 2024 and 2025, representing an 18.6 per cent increase from 50,800 GWh recorded during 2022 and […] The post Nigeria loses 62,400GWh electricity as gas flaring rises 18.6%  appeared first on Vanguard News.