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 ($49 million) fine on oil and gas companies operating onshore for flaring 24 SBCF of gas valued at about N40 billion ($86 million) for two months (January and February 2023).
Recent data from the 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 percent 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 emissions of 2.7 million metric tons and has a power generation potential of 5,000 gigawatt hours of electricity.
“Companies operating onshore flared 24.5 billion SCF of gas valued at $85.8 million, with $49 million in penalties payable,” the agency stated.
Victims of Kano Gas explosion meet Buhari face to face
Injured victims and family members of those involved in last week’s Kano gas explosion on Monday met with President Muhammadu Buhari.The meeting, which was held at the palace of the Emir of Kano, afforded the President the opportunity to express his condolences, describing the incident as unfortunate.The victim’s relatives were accompanied by various community leaders resident in Sabon Gari Kano, including Chief Nicholas Ibekwe, the Eze Igbo, and all assembled at th...
1 Die, Many Injured As Gas Explode In Ogun
At least one person has been confirmed dead and two others sustained serious injuries in a gas explosion that occurred in the Ijebu-Ode area of Ogun State.It was gathered that the explosion which happened around 8 a.m. on Monday, July 5, along Folagbade road involved a tricycle, three motorcycles and a Honda SUV.According to an eyewitness, the explosion was caused by a gas cylinder belonging to one of the passengers of the tricycle.The rider of the tricycle conveyin...
Gas Explosion Rocked Agbor In Delta State
It was a black Friday yesterday 22/01/2021 as a gas explosion that rocks some parts of Agbor in Delta State.The triggering factor for the explosion is yet to be confirmed as at the time of filing this report. Meanwhile, there is no official report about those who might have injured from the incident nowCheck the video outhttps://www.youtube.com/watch?v=r1H1WfEW1VU
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