Friday 24 July 2015

EXPLOIT GAS RESERVES TO DIVERSIFY ECONOMY, STAKEHOLDERS TELL GOVT

EXPLOIT GAS RESERVES TO DIVERSIFY ECONOMY, STAKEHOLDERS TELL GOVTStakeholders have raised alarm over the non-utilisation of the 188 Trillion Cubic Feet (TCF) of Nigeria’s gas reserves, with a large portion of it regarded ‘stranded’.

Stranded gas is essentially commodity is wasted or unused. Estimates of remote or stranded gas reserves range from 40 to 60 per cent of the world’s proven gas reserves.

Read more @ The Guardian

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