Gas Flaring
Nigeria plans to build three gas processing plants in the oil-rich Niger Delta and a grid of pipelines linking them to the rest of the country, a gas ministry official said Thursday.Read More...
He quoted junior gas minister Emmanuel Odesina as having said Wednesday the new plants will be built at Warri/Forcados, Akwa Ibom/Calabar and Obiafu areas of the delta.
Nigeria's junior petroleum minister, Odein Ajumogobia, has said the new gas infrastructure will cost between 15 billion and 20 billion dollars (10 billion to 14 billion euros) and that it should be put in place between 2012 and 2015.
Nigeria's reforms are aimed at enabling the country to satisfy domestic demand for gas and to reduce flaring.
In an answer to the high demand and correspondingly high prices of gas in Nigeria, the country has decided to open three new gas plants. This simple economic solution may be the help solve the raging gas prices that citizens have gone so far as to strike over. The price and schedule of the action may offset the result for some time, but hopefully the Nigerian people should see a decrease in prices because of this.
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