Heirs Energies and the Nigerian National Petroleum Company Limited have advanced Nigeria’s gas commercialisation and environmental goals by signing gas offtake agreements with five investors under both the Nigerian Gas Flare Commercialisation Programme and approved Non-NGFCP frameworks.
The agreements are set to enable the capture and monetisation of approximately 180 million standard cubic feet of gas per day from the OML17 block operated by Heirs Energies.
The agreement signing ceremony on Tuesday in Lagos marked a key shift from regulatory approvals to structured commercial implementation. It paves the way for flare gas from OML 17 to be captured and utilised productively for power generation, industrial applications, Liquefied Petroleum Gas, and Compressed Natural Gas, supporting Nigeria’s gas development goals and energy transition objectives.
The agreements united Heirs Energies, operator of the OML 17 Joint Venture, with five approved flare gas offtakers—AUT Gas, TwemsEnergies, Gas & Power Infrastructure Development Limited, PCCD, and Africa Gas & Transport Company Limited—under frameworks aimed at ending routine gas flaring and transforming previously wasted resources into economic value.
At the ceremony, the Chief Upstream Investment Officer of NNPC Upstream Investment Management Services,
Seyi Omotowa, representing NNPC Limited, hailed the milestone as a tangible demonstration of Nigeria’s commitment to gas-driven development.
Omotowa said, “For us at NNPC Limited and NUIMS, flare gas commercialisation is not a compliance exercise; it is a strategic pathway to improving energy availability, deepening gas-based industrialisation and strengthening Nigeria’s position as a responsible energy producer. OML 17 has become a practical model of this vision, moving decisively from approval to delivery.”
He praised Heirs Energies for its disciplined execution and strategic investment, noting that the joint venture continues to set benchmarks for operational excellence and gas development in Nigeria’s upstream sector.
The Nigerian Upstream Petroleum Regulatory Commission reiterated its support for the project, highlighting flare gas commercialisation as a key pillar of Nigeria’s decarbonisation strategy under the Petroleum Industry Act (PIA) 2021.
Heirs Energies’ Chief Executive Officer, Osa Igiehon, said the agreements embody the company’s wider gas-driven strategy and brownfield excellence approach, aimed at generating long-term value for Nigeria.
Igiehon said, “Gas sits at the heart of Nigeria’s development journey. Through disciplined investment, partnership with regulators and credible offtakers, and a clear execution focus, we are converting waste into value, strengthening domestic energy supply and supporting responsible operations across OML 17.”
Providing project timelines, Heirs Energies’ Manager of Gas and Commercial Operations, Mr. Joseph Adetuberu, stated that the initiatives enabling gas monetisation are expected to be completed by the third quarter of 2026.
He added that the five offtakers are projected to capture and commercialise approximately 180 million standard cubic feet of gas per day.
