Gas flaring: Senate to go tough on firms
Worried by the excessive waste of gas
through flaring, the Senate Committee on Gas has threatened to go tough
on errant oil firms by ensuring the enforcement of necessary legislation
against it from next year.
The Chairman of the committee, Senator BasseyAkpan, who stated this in an interview with our correspondent, said the decision was part of the strategies being employed by the upper legislative chamber to ensure alternative sources of revenue for the country.
The Chairman of the committee, Senator BasseyAkpan, who stated this in an interview with our correspondent, said the decision was part of the strategies being employed by the upper legislative chamber to ensure alternative sources of revenue for the country.
Akpan
noted that the country could no longer afford to watch and see one of
its major revenue generating natural resources being wasted simply
because there was weak enforcement of necessary legislation that could
guard against it.
He noted
that the major concern of his committee was to ensure that the Act of
the National Assembly enacted in 2008, which defined the domestic gas
supply obligation of every international oil company operating in
Nigeria, was adhered to.
Akpan
said, “The law also stipulates the penalty on issue of gas flaring; we
will soon engage the stakeholders, starting with the regulators like the
Ministry of Petroleum Resources, the Nigerian National Petroleum
Corporation, Department of Petroleum Resources and the gas aggregators.”
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