Fed Govt Targets N103bn From Gas Flaring Penalty     The Federal Government has said gas flare penalty payment by oil and gas companies in the country will increase to N103.51bn this year. The Director General, Budget Office of the Federation, Ben Akabueze, disclosed this in a presentation...

Our Subsea Pipeline Will Curb Gas Flaring, Says Dangote   Dangote Industries Limited said on Sunday that its subsea gas pipeline project would unlock significant gas supply for industrial activities and reduce flaring in Nigeria. The pipeline project is part of Dangote’s multibillion-dollar gas pipeline, fertiliser, petrochemicals...

N128bn Lost To Gas Flaring In Eleven Months — NNPC   Oil and gas firms operating in the country flared a total of 225.81 billion standard cubic feet of natural gas from January to November 2019. This amounted to an estimated loss of N127.53bn. Data obtained by our...

Introducing Methanol Fuel'll End Gas Flaring, Minister Assures   The introduction of methanol technology will go a long way in reducing gas flaring in the country, the Minister of Science and Technology, Dr Ogbonnaya Onu, has said. Dr Onu disclosed this during the 2nd Inter-Ministerial meeting of...

In 13 Months, Nigeria Recorded Increased Gas Flaring - NNPC   The Nigerian National Petroleum Corporation (NNPC) has stated that a total of 276.04 billion cubic feet (bcf) of natural gas was flared from Nigeria’s oil fields between September 2018 and September 2019 – a period...

FG: NLNG Train-7 Will Reduce Gas Flaring, Heavy Reliance On Oil Revenue   The federal government has said that it will count on the expected expansion of the production capacity of the Nigeria Liquified Petroleum Gas (NLNG) through its Train-7 project to significantly cut down the...