Wednesday, 8 April 2015

INDIGENOUS OIL FIRMS FLARE 80% OF GAS PRODUCED

Indigenous oil firms flare 80% of gas producedNigerian independent oil and gas firms and marginal field operators burnt most of the natural gas produced on their fields in the fourth quarter of last year, data from the Nigerian National Petroleum Corporation has shown.
 
Although International Oil Companies, including Shell, Total and Chevron still account for the bulk of flared gas in the country, they wasted less than 20 per cent of their total gas production in the period.
 

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