Starting Wednesday, Nigeria will require applicants for oil licences and permits to demonstrate plans for low carbon emissions and renewable energy integration before approvals are granted, according to Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The new policy aligns with Nigeria’s commitment to achieving net-zero carbon emissions by 2060. To support this initiative, the NUPRC has introduced the Upstream Petroleum Decarbonisation Template (UPDT), which provides guidelines for applicants.

Komolafe stated that enforcement of the new requirements will begin on January 1, 2025, encompassing all upstream sector approvals, including divestments.

“This initiative deepens our efforts to align the upstream petroleum industry with national priorities and international climate goals, while ensuring sustainable value creation from oil and gas resources to bolster Nigeria’s energy security and economic development,” he said.

The regulations will compel operators to:

• Implement methane management programs, including leak detection and repairs.

• Optimize operations with energy-efficient technologies.

• Incorporate renewable energy sources into project plans.