Monday 20 April 2015

NIGERIA SHUNS WORLD BANK-BACKED ZERO GAS FLARING SUMMIT

Gas flaring in Nigeria.Chief Executives from major oil companies joined senior government officials from several oil-producing countries in Washington to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030 at the latest. The commitment was made on the sideline of the IMF/World Group Spring Meetings in Washington.

On the list of participating countries, Nigeria was absent. Those who endorsed the move are Norway, Cameroon, Russian Federation, Kazakhstan, Gabon, Uzbekistan. Others are Republic of Congo, Angola and France.

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