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gas flare penalty

Can NGFCP succeed as IOC’s, others default in $3.6bn gas flare penalty

Indications have revealed that International Oil Companies (IOCs) and their indigenous oil firms counterparts have defaulted in payment to the tune of $3.6 billion on gas flare penalty. However, the Federal Government has continued to assure it was pushing to…

Release N98bn gas flare penalty owed oil communities now, HOSCON tells FG

The leadership of the Host Communities of Nigeria Producing Oil and Gas (HOSCON) on Tuesday, in Abuja gave antidote for peace in the Niger Delta region, saying until the Federal Government releases the N98bn gas flare penalty money owed oil…