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NUPRC Explains Disparity In Gas Flare Penalties

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has  explained that the disparity often noticed in the figures given by some industry

Gas flare penalty hits N44 4bn in six months – FG

The Federal Government, on Friday, said the total gas flare penalty collected from oil and gas companies from January 2023 till date is $85.1m, representing N44.4bn at the average exchange rate of N521.2/$ in 2023.

FG: Gas flare penalty accumulates to N44 4bn in six months

July 29, 2023. Azonuchechi Chukwu. The Federal Government, on Friday, said the total gas flare penalty gathered from oil and gas companies from January 2023 till date is $85.1m, representing N44.4bn at the average exchange rate of N521.2/$ in 2023. It explained that the flare gas administration should not be viewed as a sustainable revenue |

FG rakes in $85 1m from gas flare fines – The Sun Nigeria

FG rakes in $85 1m from gas flare fines – The Sun Nigeria
sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.

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