Oil firms flare N11bn gas in one month

Ike Amos 16 September 2016, Sweetcrude, Abuja – Nigeria lost $44.4 million (about N11.1 billion) as the Nigerian National Petroleum Corporation, NNPC, the Nigerian Petroleum Development Company, NPDC, and other oil companies flared 14.8 billion Standard Cubic Feet, SCF, of gas in June this year. Data obtained from the NNPC’s Monthly Financial and Operations Report for June […] More »