Friday 5 December 2014

NIGERIA LOSES OVER $1BN FROM GAS FLARE FINES

Laurentia Laraba Mallam, Minister of the Environment, NigeriaThe Federal government’s promise of a more accurate estimation of total gas flared in the country is coming to fruition as initial statistics from a new technology, the Nigerian Gas Flare Tracker, which was recently launched by a consortium of Nigerian and United Kingdom partners, has placed the total volume of gas flared annually in Nigeria at 318,588,060.00 million standard cubic feet (Mscf).

Read more @ Sweet Crude

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