Thursday 13 November 2014

FG CONSIDERING $3.50 GAS FLARE FINE

NAPE President, Mrs. Adedoja Ojelabi
The Federal Government has not discarded its plans to raise gas flaring penalty to $3.50 for a million standard cubic feet per day, but is rather still considering the increase, the President, Nigerian Association of Petroleum Explorationists, Mrs. Adedoja Ojelabi, has said.

The fines imposed by the government have also increased over the years to about N10/mmscf/day ($0.06/mmscf/day.

Read more @ The Punch

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