Will Morocco-Nigeria Gas Pipeline Boost Our Forex Reserve? thenews-chronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews-chronicle.com Daily Mail and Mail on Sunday newspapers.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021.
The Federal Government has reiterated its determination towards increasing the petroleum reserve of the country from the current 36 million barrels to 40
It is
worth reiterating that gas flaring reduction potential was part of
the underlying opportunity for the (otherwise laudable)
project. PI&D obtained arbitral award against Nigeria,
sought to enforce same inclusive of the substantial interests and
Nigeria after some initial lethargy and missteps is now actively
challenging same, arguing that the entire project was a fraud. See
Fikayo Akeredolu, Nigeria and P&ID: The Story
Behind the $9.6 Billion Judgement, Nigeria Wins Another Victory Against
P&ID ,
Energy Voice, 30.09.2020:
https://www.
energyvoice.com/oilandgas/africa/268744/nigeria-pid-court-guarantee/;
Kush Amin, Did an Alleged Corrupt Natural Gas
Contract Rob Nigeria of US$9.6 Billion? ,