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    Kapital FM 92.9 The Station that Rocks!

Flaring

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National

Gas Flaring : Pay Accurate Penalties To FG

The House of Representatives has asked international Oil companies to reconcile their positions and ensure that correct amount of monies are paid as penalty into government coffers over gas flaring. This followed claims and counter claims emerging from poor accessibility of regulatory agencies in Nigeria’s oil and gas sector to the metering procedures of International Oil Companies IOCs flaring gas in their operations. Chairman House Ad-hoc Committee investigating the incidence […]

todaySeptember 6, 2023

Featured

Reps Vow To Recover Over $9b Gas Flaring Fines

Worried by the level of impunity being perpetuated by the oil and gas sector, the House of Representatives has vowed to recover the sum of over $9 billion in gas flaring fines imposed by the Federal Government on the erring local and foreign companies operating in the oil and gas industry. Chairman, ad-hoc committee investigating gas flaring, Mr. Ahmed Munir gave the assurance in Abuja, during the post-investigative hearing briefing […]

todayJuly 25, 2023