Last Year in Gas- Nigeria’s Gas Sector in 2021
From new regulations to major partnerships and projects, 2021 brought radical change to the gas sector pushing it forward and forcing a reassessment of the future of Nigeria’s energy landscape.
From new regulations to major partnerships and projects, 2021 brought radical change to the gas sector pushing it forward and forcing a reassessment of the future of Nigeria’s energy landscape.
Natural gas diversifies the fuel sources for Nigeria’s transport sector, frees funds for development projects, saves foreign exchange currently spent on petroleum importation, creates jobs from new infrastructure and services
We highlight key provisions of the Act that affect Nigeria’s gas sector focusing on regulation, pricing, taxation, incentives, licensing and gas flaring.
When it comes to climate change, the numbers reveal a case of unequal responsibility. While the effects of global warming are suffered by all, developed countries are at the centre of the activities causing it. According to Stears Business, “Developed countries are responsible for 79% of historical CO2 emissions; the United States, which is home to 4% of the global population, accounts for 22% of all emissions. By contrast, sub-Saharan Africa is responsible for only