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Oil Companies Operating in the Niger Delta in Nigeria Face New Gas Flaring Provisions, Adding to Uncertainty About What the Unfinished Project of the 2018 Tax Bill May Contain
the Flaring Gas Reduction (Waste and Pollution Prevention) Act empowers the Department of Petroleum Resources to formally take over the oil fields where gas is burned despite the suspension of orders or when Prescribed Penalties Remain Unpaid
National Petroleum Corporation (NNPC) Managing Director Maikanti Baru told the Houston Offshore Technology Conference that routine flaring had already been reduced from 25% to 10% of all gas produced and would drop to zero by the end of 2020. [19659002] Regulations require producers to provide accurate data on torch gas or are subject to criminal prosecution and that they submit a proposal for the use of gas in all fields. development plans, including for marginal oil fields.
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