Azeri find lifts Caspian hopes [Gas in Transition]
Apr 27, 2021 11:33:am
Summary Azerbaijan’s president has hailed the discovery as a potential boost for the Southern Gas Corridor, but more information is needed. [Gas in Transition, Volume 1, Issue 1]
by: Joseph Murphy
Azerbaijan reported finding more hydrocarbons in the Caspian Sea in late March, after BP and its Azeri state-owned partner SOCAR finished drilling a well to a depth of nearly 7,200 m. The discovery comes at an opportune moment for Azerbaijan, ahead of market tests due to take place this summer to determine whether or not to expand a pipeline that carries the country’s gas to south Europe.
New oil discovery for Guyana
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New oil discovery for Guyana
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
New oil discovery for Guyana
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Presenting the motion, the lawmaker said the anomaly in flared volume reportage by the Nigeria Government has caused an outcry from civil society organisations.
He said, the Nigeria Media and the Coalition Against Gas Flare (CAGAF) an umbrella organ of CSOs in the gas flare ecosystem is also raising public awareness on the matter.
According to him, Nigeria gazetted the Flare Gas (Prevention of Waste and Pollution) Regulations 2018 to reduce and eliminate gas flare in the country through monetization and investment in the gas flare ecosystem.
He said after the penalty regime started, the gas flare volumes reported by Nigeria was drastically reduced for 2018 and 2019 and created a huge discrepancy between the gas flared volumes reported by the National Oil Spill Detection and Response Agency (NOSDRA) Gas Flare Tracker (GFT) which is satellite-based and the volumes declared by the Federal Government of Nigeria for the period.