Gas Flaring: Reps charge govt to enforce 2020 exit date

“Also note that the Nigerian Extractive Industry Transparency Initiative (NEITI), in its 2014 Nigerian oil and gas report, disclosed that in 2008, the Federal government, in its fiscal regime for the petroleum sector, set a penalty of $3.5 per 1000 SCF of gas flared by oil companies, observing, however that the companies have refused to comply with the directive." More »