HOUSTON, Feb. 8 -- TotalFinaElf SA will end gas flaring at its oil production center in Nigeria by the end of the year in line with a gas monetization policy, said the Organization of Petroleum Exporting Countries' news agency Friday.
The company also will terminate gas flaring offshore by the end of 2005, said spokesman John Addeh.
The move is part of a strategy to help Nigeria derive maximum revenue from its gas resources.
TotalFinaElf is supplying gas to the Nigerian Liquefied Natural Gas project's trains 1 and 2 since 1999 from OML 58 off Nigeria and would continue to supply future phases of the project from OMLs 99, 100, and 102 offshore.
