Nigeria has unpaid gas royalty of $559.8 million, unpaid gas flare penalty of $828.8 million – NEITI
Nigeria has an unpaid gas royalty of $559.8 million and an unpaid gas flare penalty of $828.8 million.
Tag: Gas flare
Gas flare contracts to be awarded in December 2022 – NUPRC
The auction is being restarted and would be open to previous applicants and new bidders
FG announces increment on gas flare penalty
At the current exchange rate of N306.35, the $2 penalty translates to N612.7 per 1,000 SCF
