Why increasing gas flaring penalty will not deter IOCs from flaring – experts

Why increasing gas flaring penalty will not deter IOCs from flaring – experts

The planned increase in penalties  for  gas  flaring  contained  in the  recently approved  gas policy by the   Federal Government  would be of  no effect, industry experts  have said. According to the national gas policy, Government plans to increase the gas flaring penalty from N10/Mscf (equivalent US $0.03) to an appropriate level sufficient to de-incentivise…

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