Political Economy of Gas Flaring and Sustainable Development in Nigeria

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Considering the economic waste and environmental pollution from associated gas flaring, it is bothersome whether Nigeria lacks both the technology and business acumen to invest on the gas associated with crude oil during oil production as practiced in other oil-producing countries like Norway, Britain, Venezuela, and so on.The Norwegian economics of gas reinjection used 2-3% of gas as fuel to reinject and 15-25% of gas reinjected is left in the reservoir. And in Norway, associated CO2 is removed from the produced gas and reinjected into a storage reservoir for investment (Norway Petroleum Directorate, 2010: 7-8). In Venezuela, the gas reinjection…

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By
Famous S. Eseduwo PhD
Department of Political Science
Federal University, Otuoke, Bayelsa State – Nigeria

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