Summary
Carbon Capture, Utilization and Storage (CCUS) – an established technology that mitigates emissions from hard-to-abate manufacturing and energy sectors — offers a time-tested way to intercept carbon emissions before they enter the atmosphere. CCUS can serve as an important decarbonization strategy in emerging markets, where much of the additional storage capacity that needs to become operational by 2050 is located.
This atlas marks the first time that a resource documenting Nigeria’s geological storage capacity is available to the public, including developers who are interested in building CO2 transport networks and storage facilities. This is the culmination of work that has been undertaken by IFC, the World Bank, the International Energy Agency (IEA), and the Federal Government of Nigeria to evaluate the potential and kick start development of carbon capture, utilization, and storage (CCUS) in Nigeria.
The high-level assessment found that Nigeria has 10.7 gigatonnes (billion tonnes) of prospective CO2 storage resources. For context, Nigeria’s current emissions from industrial sources are 28 megatonnes (million tonnes) per year, although this is expected to increase 3-5% annually.
The concentration of industrial emissions, favorable geology, and potential legacy oil and gas transport networks in Lagos, Port Harcourt, and Warri make them most suitable for CCS clusters and hubs. Depleted gas fields in the Niger delta are especially promising.
This report is the culmination of extensive research, data collation, and stakeholder engagement. The authors would like to acknowledge the broad spectrum of private sector companies across the manufacturing and energy sectors who collaborated on this work as well as the following government agencies:
- Federal Ministry of Industry, Trade & Investment
- Nigeria Geological Survey Agency
- Nigerian Midstream and Downstream Petroleum Regulatory Authority
- Nigerian Upstream Petroleum Regulatory Commission
- National Oil Spill Detection and Response Agency
- Federal Ministry of Innovation, Science, and Technology
Funding for this work was provided by the World Bank CCS Trust Fund, with support from the Government of the United Kingdom and the Government of Norway
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