The most widely read newspaper in Nigeria
The World Bank on Wednesday said Nigeria and six other countries were responsible for two-thirds of global gas flaring.The World Bank stated, “Gas flaring satellite data from 2020 reveals that Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running, since the first satellite was launched in 2012.
“These seven countries produce 40 per cent of the world’s oil each year, but account for roughly two-thirds of global gas flaring. “This trend is indicative of ongoing, though differing, challenges facing these countries. For example, the United States has thousands of individual flare sites, difficult to connect to a market, while a few high flaring oil fields in East Siberia in the Russian Federation are extremely remote, lacking the infrastructure to capture and transport the associated gas.”
The Global Director for the Energy and Extractives Global Practice at the World Bank, Demetrios Papathanasiou, said, “In the wake of the COVID-19 pandemic, oil-dependent developing countries are feeling the pinch, with constrained revenues and budgets.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ganduje approves 65 years retirement age for Kano teachers - Daily Post NigeriaGovernor Abdullahi Umar Ganduje of Kano State has approved the implementation of 65 years as retirement age for teachers and lecturers under the state's
Read more »
Ganduje extends retirement age for teachers, lecturers to 65 | The Guardian Nigeria News - Nigeria and World NewsGov. Abdullahi Ganduje of Kano State says, henceforth, teachers and lecturers working with the state owned institutions of learning will be retiring
Read more »
Ganduje extends retirement age for teachers, lecturers to 65Gov. Abdullahi Ganduje of Kano State says, henceforth, teachers and lecturers working with the state-owned institutions of learning will be retiring on attaining 65 years
Read more »
Ganduje extends retirement age for teachers, lecturers to 65Gov. Abdullahi Ganduje of Kano State says, henceforth, teachers and lecturers working with the state owned institutions of learning...
Read more »
Kano: Ganduje approves 65 years retirement age for teachers, lecturers
Read more »