Nigerian oil companies flared 224.9 billion standard cubic feet (SCF) volume of gas worth $787.2 million or N362.9 billion in the 12 months of 2022.
This is according to data released by the National Oil Spill Detection and Response Agency (NOSDRA).
The volume of gas flared in 2022, is 13.6 percent decrease when compared to 260.3 billion SCF of gas flared in the 12-month period of 2021 which was worth $911.0 million (N420.007 billion) recorded in 2021.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
