Nigeria flared 5.3 billion cubic metres of gas worth $1.5 billion in 2024 – German Ambassador

Why This Matters

Key context: <img width="1400" height="1400" src="https://dailypost.ng/wp-content/uploads/2025/06/Gas-flare.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" loading="lazy" srcset="https://dailypost.ng/wp-content/uploads/2025/06/Gas-flare.jpg 1400w, https://dailypost.ng/wp-content/uploads/2025/06/Gas-flare-300x300.jpg 300w, https://dailypost.ng/wp-content/uploads/2025/06/Gas-flare-1024x1024.jpg 1024w, https://dailypost.ng/wp-content/uploads/2025/06/Gas-flare-150x150.jpg 150w, https://dailypost.ng/wp-content/uploads/2025/06/Gas-flare-80x80.jpg 80w" sizes="auto, (max-width: 1400px) 100vw, 1400px" /><p>German Ambassador to Nigeria, Annett Günther, has disclosed that Nigeria lost an estimated $1.5 billion to gas flaring in 2024 after burning 5.3 billion cubic metres of associated gas, ranking the country seventh globally in gas flare volumes. Günther made the disclosure on&#160;Wednesday&#160;during a fireside chat at the ongoing 25th Nigeria Oil and Gas, NOG, [&#8230;]</p> <p><a href="https://dailypost.ng/2026/07/09/nigeria-flared-5-3-billion-cubic-metres-of-gas-worth-1-5-billion-in-2024-german-ambassador/">Nigeria flared 5.3 billion cubic metres of gas worth $1.5 billion in 2024 &#8211; German Ambassador</a></p> This development from dailypost.ng highlights ongoing changes in the sector.