Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,193,239 members, 7,950,298 topics. Date: Monday, 16 September 2024 at 11:49 AM |
Nairaland Forum / Nairaland / General / Business / Economy:Nigeria Flared 59.3SCF Gas Valued At N81bn In Two Months (171 Views)
Naira Under-valued In Official, Parallel Forex Markets – Bismarck Rewane / Flutterwave Raises $170 Million, now Valued at Over $1 Billion / Flutterwave Is Y Combinator’s Most valuable African Comp, Valued At $150M (2) (3) (4)
(1) (Reply)
Economy:Nigeria Flared 59.3SCF Gas Valued At N81bn In Two Months by Antimandatethie(m): 9:17am On Apr 12, 2023 |
Nigeria flared 59.3SCF gas valued at N81bn in two months The federal government has said 50.3 Standard Cubic Feet of gas valued at N81 billion Naira ($176 million) was lost to gas flaring in two months (January to February 2023) despite the energy crisis. Also, the government said it would impose a N22 billion ($49m) fine on oil and gas companies operating onshore for flaring 24b Standard Cubic Feet of gas valued at about N40 billion ($86m) for two months (January and February 2023). Recent data from National Oil Spill Detection and Response Agency, NOSRDA, explained that the companies operating onshore would pay the penalties for violating the gas flaring rule. NOSRDA said the volume of gas flared in both months was 11.9 per cent lower than the 57.1 billion SCF of gas flared in the same period in 2022. In perspective, the volume of flared gas is equivalent to carbon dioxide emission of 2.7 million tonnes and has a power generation potential of 5,000 gigawatts hour of electricity. “Companies operating onshore flared 24.5 billion SCF of gas valued at $85.8 the agency stated. https://dailypost.ng/2023/04/12/nigeria-flared-59-3scf-gas-valued-at-n81bn-in-two-months/ |
Re: Economy:Nigeria Flared 59.3SCF Gas Valued At N81bn In Two Months by Kubboy: 9:18am On Apr 12, 2023 |
Wow |
Re: Economy:Nigeria Flared 59.3SCF Gas Valued At N81bn In Two Months by Nbote(m): 10:40am On Apr 12, 2023 |
Useless govt, Useless agencies |
(1) (Reply)
Some Important Tips For Wedding Photography Business / Money On The Internet / || Bhw Etsy Dropshipping Course >> (guaranteed $15k Monthly)!!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |