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Sahara a Pioneer in Decarbonization of Upstream Operations

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Sahara Energy is a pioneer in the decarbonization of its upstream operations in Africa, according to Wole Ajeigbe, the Group Project Manager for Asharami Energy, a Sahara Group Upstream company.

Decarbonisation means switching from the use of fossil fuels such as coal, natural gas or oil to carbon-free and renewable energy sources as quickly as possible.

Ajeigbe made this disclosure while speaking at the inaugural edition of Asharami Square, a pioneering initiative aimed at advancing the reportage of issues related to sustainability through impactful media advocacy.

Asaharami Energy is decarbonizing its upstream operations through a number of innovative solutions including:

Reducing methane emissions: Achieved by improving leak detection and deploying vapor recovery units.

Reducing routine gas flaring: By building additional gas processing facilities, as well as transport and gathering infrastructure.

Nigeria flared about 5.83 billion cubic meters (bcm) of gas in 2023 worth a maximum of $1.89 billion or N1.7 trillion in 2023, according to the latest World Bank’s Global Gas Flaring Tracker Report, released in June 2024.

Changing power sources: Through the use of on-site renewable generation.

Asset integrity monitoring: By continually checking for leaks in pipelines.

Increased energy efficiency

Increased use of Carbon, Capture, Use and Storage CCUS

Themed ‘Carbon Footprint and the African Narrative’, Asharami Square featured speakers from the energy and media sector. Participants were drawn from different segments of the media, including students from Mass  Communications departments.

Speakers at the maiden edition of Asharami Square included: Bethel Obioma; Ejiro Gray; Foluso Sobanjo, Head, Downstream Africa, Sahara Group; Wole Ajeigbe, Group Projects Manager, Asharami Energy (A Sahara Group Upstream Company); Mokhtar Bounour, CEO  Egbin Power Plc; Ogochukwu Onyelucheya, Chief Commercial Officer, Ikeja Electric; Prof. Sunday Adebisi, Professor of  Entrepreneurship Hub & Strategic Management, University of Lagos; ChiChi Aniagolu-Okoye, Regional Director, West Africa, Ford Foundation; Eugene O. Itua, CEO Natural Eco Capital; and Dr. Marcel Mbamalu, CEO Newstide Publications Limited.



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