just now

    • S/African leader urges nation to register for 2019 vote

      APA-Mthatha (South Africa) — President Cyril Ramaphosa has called on all South African to register to vote and to make sure that their details on the voters’ roll are verified ahead of next year’s general elec...

    • S/Africans observe Reconciliation Day

      APA-Mthatha (South Africa) — Leading his nation to observe Reconciliation Day, South African President Cyril Ramaphosa has used the occasion to appeal to his compatriots to be part of the efforts to promote in...

    • Army wants Amnesty International out of Nigeria

      APA-Abuja (Nigeria) — The Nigerian Army has called for the closure of the Amnesty International (AI) offices in Nigeria, alleging that there is credible evidence that the organisation is working hard to...

    Nigeria-Gas-Flaring

    Nigeria may revoke licences of oil companies flaring gas - Minister

    APA – Lagos (Nigeria)

    Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has warned that oil companies that fail to stop gas flaring by 2019 would have their licenses revoked.

    Speaking at the 2018 Buyers’ Forum/Stakeholders’ Engagement, organised by the Gas Aggregation Company of Nigeria on Monday in Abuja, Kachikwu said that the Federal Government had been locked in a battle with oil companies operating in the upstream sector over the issue of gas flaring.

    He added that the government is keen on ending gas flaring, but oil companies still give a lot of reasons why gas flaring cannot be stopped.

    According to local media reports on Tuesday, Kachikwu noted that the bottom line is money, but the reality is that whether or not we deal with cash call issues, it is not an optional agenda, it is a compulsive immediate agenda.

    “It is destructive to the populace; it is intolerable in a developed country and it should not be tolerated here either,’’ he said

    He said that any oil company that would not find a way to ending its flare ought not to be producing.

    “And I have said to the Department of Petroleum Resources, beginning from next year, we are going to get quite frantic about this and companies that cannot meet with extended periods — the issue is not how much you pay in terms of fines for gas flaring, the issue is that you would not produce.

    “We need to begin to look at foreclosing of licences. This is very urgent,” the minister said.


    GIK/APA

    React to this article