As the global shift from fossil fuels mounts, the African Refiners and Distributors Association (ARDA) is worried that funding, totalling over $160 billion (N67.118 trillion), for oil projects is threatened in Nigeria. ARDA stated this during its Work Group Workshop Series on HSE & Quality, noting, “Indeed, over $160 billion projects are currently under financial […]
African Refiners Alert on Impending Impact of Funding Withdrawal for Oil Projects thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
ARDA: Funding for N67 trillion oil projects threatened in Nigeria today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
Oil and gas experts are worried over the impacts of Environmental, Social, and Governance (ESG) issues on financing for oil and gas projects, insisting that unless borrowers like Nigeria and other African oil producers quickly adapt, securing necessary funding for the sector may remain very difficult.