An Analysis Of The Nigerian Gas Sector In Relation To The Policies Legal And Institutional Framework

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An Analysis of the Nigerian Gas Sector in Relation to the Policies, Legal and Institutional Framework

Author : Elizabeth James Ikpeme
Publisher :
ISBN 13 : 9781952751936
Total Pages : 110 pages
Book Rating : 4.7/5 (519 download)

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Book Synopsis An Analysis of the Nigerian Gas Sector in Relation to the Policies, Legal and Institutional Framework by : Elizabeth James Ikpeme

Download or read book An Analysis of the Nigerian Gas Sector in Relation to the Policies, Legal and Institutional Framework written by Elizabeth James Ikpeme and published by . This book was released on 2020-09-28 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the Nigerian Gas sector in relation to its legal and institutional frame work concerns a research on the Nigerian gas sector with an analysis on the functionality of its laws, policies and regulations and institutions. Seeing if these laws, policies and regulations require amendments or need to be repelled and also if the institutions created for the core purpose of ensuring the continued operations, maintenance and growth of the gas facilities, are functioning for the reasons they were established for, and if not a reform or restructuring process should be carried out.

Nigerian Oil and Gas Industry Laws

Author : Usman, Adamu Kyuka
Publisher : Malthouse Press
ISBN 13 : 9875477559
Total Pages : 516 pages
Book Rating : 4.8/5 (754 download)

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Book Synopsis Nigerian Oil and Gas Industry Laws by : Usman, Adamu Kyuka

Download or read book Nigerian Oil and Gas Industry Laws written by Usman, Adamu Kyuka and published by Malthouse Press. This book was released on 2017-09-29 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though predominantly on oil and gas law, this is nonetheless a veritable Reference Book on the oil and gas industry in Nigeria. It places before anyone interested in the oil and gas industry basic and critical oil and gas issues not in common circulation in existing texts on the subject. The book is arranged in such a chronological order, like reference books and dictionaries tend to be,that a lay person in going through it would now know how oil is explored and found,how oil fields may be onshore and offshore, how oil blocs are bidded for, how oil is drilled, including associated gas deposits, among others. The transportation of oil and gas, storage of oil and gas, refining of oil and processing of gas, marketing of oil and gas,the impact of oil and gas exploration, production and revenues on the Nigerian environment, politics and economy and a myriad of other issues are comprehensively covered. The book should prove most useful to the lawyer, petroleum geologist, petroleum engineer, policy makers, investors, local and international development agencies and bodies, lecturers and students specialising in wide ranging subjects as economics, development studies, engineering, management, public administration, insurance, marketing, accounting and finance.

Examining the Legal and Regulatory Framework for Domestic Gas Utilization and Power Generation in Nigeria

Author : Tade Oyewunmi
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Examining the Legal and Regulatory Framework for Domestic Gas Utilization and Power Generation in Nigeria by : Tade Oyewunmi

Download or read book Examining the Legal and Regulatory Framework for Domestic Gas Utilization and Power Generation in Nigeria written by Tade Oyewunmi and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While the regulatory and institutional reforms in the Nigerian electricity sector, as envisaged under the National Electric Power Policy 2001 and the Nigerian Electric Power Sector Reform Act 2005, appear to be on a steady path, the reforms in the petroleum industry, as envisaged under the National Oil and Gas Policy 2004 and the Petroleum Industry Bill, has remained in a mire of uncertainty, especially with regards to their conclusions and overall implementation. The effects of the uncertainty and the consequential lingering disequilibrium between the gas and electricity sectors, has critical implications for investments, infrastructure development and the overall gas supply to power outlook. The electricity sector reforms are largely dependent on the availability, affordability and reliability of domestic gas supply to over 70% of installed national power generation capacity. The regular shortages in gas supply to power electricity generation in Nigeria can be directly or indirectly linked to the regulatory inefficiency of the existing regulatory framework in domestic gas supply. Thus, while power sector assets are being privatized and liberalization is introduced in the medium to long term, it is essential to ensure that the parallel development of the appropriate regulatory framework is established for the domestic gas sector. Such a regulatory framework is required to create the required commercial environment where investments in gas supply infrastructure thrive. The aim of this article is to examine the existing and proposed laws, policies and regulations in relation to domestic gas supply in Nigeria as they affect power generation and the realization of identified economic and policy objectives.

Local Content Oil and Gas Law in Africa

Author : Pereowei Subai
Publisher : Routledge
ISBN 13 : 1351068067
Total Pages : 192 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis Local Content Oil and Gas Law in Africa by : Pereowei Subai

Download or read book Local Content Oil and Gas Law in Africa written by Pereowei Subai and published by Routledge. This book was released on 2019-01-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining local content law and policy in the oil and gas industry, this book uses Nigeria as a primary case study, comparing its approach to countries such as Brazil and Norway which have also adopted local content laws in relation to their gas and oil industries. In considering various aspects of local content law and policy as they apply to the oil and gas industry, the book examines the factors behind the formulation of local content policies by petroleum producing states, and the various strategies they have employed to implement them. It analyses arguments against local content requirements from the perspective of international trade and investment law, and from liberal market economic theorists, who argue against its overall usefulness. The book highlights salient aspects of the oil and gas industry such as regulation, national oil companies, treatment of minorities, and policy formulation and implementation.

Nigerian Oil and Gas Industry

Author : Adamu Kyuka Usman
Publisher :
ISBN 13 :
Total Pages : 475 pages
Book Rating : 4.:/5 (114 download)

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Book Synopsis Nigerian Oil and Gas Industry by : Adamu Kyuka Usman

Download or read book Nigerian Oil and Gas Industry written by Adamu Kyuka Usman and published by . This book was released on 2018 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and Gas Law in Nigeria

Author : Yinka Omorogbe
Publisher : Malthouse Press
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Oil and Gas Law in Nigeria by : Yinka Omorogbe

Download or read book Oil and Gas Law in Nigeria written by Yinka Omorogbe and published by Malthouse Press. This book was released on 2003 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new empirical study on oil and gas in Nigeria, which serves as a useful general introduction to many aspects of the country's oil and gas industries and related laws. Contents: introductions - definitions, importance, the international oil industry, how oil was found; the Nigerian oil industry: historical perspectives and acts of law; legislation governing the industry; ownership of oil and gas - ownership theories in the oil and gas industries, sovereignty over natural resources and international law; contracts for exploration and production; the natural gas industry; fiscal matters pertaining to the petroleum industry; OPEC; national oil corporations and the Nigerian Petroleum Corporation; downstream oil and gas law and policy; trade in crude oil and products; environmental issues; oil community issues; topical issues in the petroleum industry - e.g. acquisitions of technology, indigenous oil companies; nationalisation and privatisation; and dispute settlements. Yinka Omorogbe is a lecturer in law at the Universities of Benin and Lagos, Nigeria.

LEGAL AND INSTITUTIONAL FRAMEWORK FOR MULTI-STAKEHOLDER PARTICIPATION IN OIL AND GAS MANAGEMENT IN NIGERIA

Author : Olufunmilola Ayotunde
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis LEGAL AND INSTITUTIONAL FRAMEWORK FOR MULTI-STAKEHOLDER PARTICIPATION IN OIL AND GAS MANAGEMENT IN NIGERIA by : Olufunmilola Ayotunde

Download or read book LEGAL AND INSTITUTIONAL FRAMEWORK FOR MULTI-STAKEHOLDER PARTICIPATION IN OIL AND GAS MANAGEMENT IN NIGERIA written by Olufunmilola Ayotunde and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Natural Gas

Author : Dapo Akinosun San
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.3/5 (948 download)

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Book Synopsis Understanding Natural Gas by : Dapo Akinosun San

Download or read book Understanding Natural Gas written by Dapo Akinosun San and published by Independently Published. This book was released on 2023-05-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is easy to read. In Part 1, the reader is walked through the evolution of gas in the global energy mix. In addition it presents Nigeria's energy transition from when the first coal-fired power plant was built in Marina, Lagos, in 1896 and the energy mix was 100% coal, to the current point where natural gas has become the most dominant fuel in the energy mix for power and coal effectively reduced to zero. It introduces the fundamentals of natural gas in easy to read terms for the reader that is new to natural gas. It describes how gas is formed, uses, key terms and a thorough overview of the gas sector value chain. Many technical concepts in natural gas processing and transportation are presented in easy to understand language for the non-technical reader. It situates the sector in Nigeria, illustrating with in-country examples. Part 2 of the book discusses the commercial aspect of natural gas. It discusses gas contracts, fiscal terms and investment appraisal methods for gas projects. It presents the evolution of gas fiscal provisions in Nigeria which has culminated in the Petroleum Industry Act fiscal revisions. This Part provides guidance to gas contracting and is a good introduction for the Legal Practitioner who is new to natural gas and gas contracting. Part 3 discusses the Nigerian gas sector. It presents an overview of the resource base, key gas infrastructure in Nigeria and the overall sector structure. It discusses extensively the evolution of gas policy trends in Nigeria, lessons learnt from past policy development and a look ahead for policy focus. It ends with an overview of the new Petroleum Industry Act. This Part of the book is a must read for Policy makers, students of political economy and investors looking to understand the Nigerian gas sector landscape.

The Causal Relationship Between Natural Gas Productions and Impotent Regulatory Framework on Gas Flaring in Nigeria

Author : Professor Kato Gogo Kingston
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Causal Relationship Between Natural Gas Productions and Impotent Regulatory Framework on Gas Flaring in Nigeria by : Professor Kato Gogo Kingston

Download or read book The Causal Relationship Between Natural Gas Productions and Impotent Regulatory Framework on Gas Flaring in Nigeria written by Professor Kato Gogo Kingston and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the dynamic causal relationship between gas productions and the impotence of the gas flaring regulatory laws and policies in Nigeria. The theoretical models adopted for the study is the law and economics framework of Posner and Akaike's econometric time-series frameworks. The data for the study consisted of Nigeria's annual gas export value from 2007 to 2017 which formed the dependent variable and, the impotence of the gas flaring regulatory laws was substituted with the data of the World Bank's Global Gas Flaring Reduction Partnership (GGFR) and the Nigerian Extractive Industries Transparency Initiative data on the financial values of the losses and damages caused by the laxity in enforcing the laws, representing the independent variable. The models of KPSS and ADF were used in testing the stationarity of the variable. Granger time series causality model was used for data analysis. The results show that, there is a two-way relationship between the variables. The results therefore indicates that, the weaker the regulatory laws, the higher the production and flaring of natural gas. Also the higher the production and flaring of natural gas, the more the regulatory laxity persist.

An Appraisal of the Legal Framework for the Regulation of Nigerian Oil and Gas Industry, with Appropriate Recommendations

Author : Onyekachi Duru
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Appraisal of the Legal Framework for the Regulation of Nigerian Oil and Gas Industry, with Appropriate Recommendations by : Onyekachi Duru

Download or read book An Appraisal of the Legal Framework for the Regulation of Nigerian Oil and Gas Industry, with Appropriate Recommendations written by Onyekachi Duru and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil and gas sector in Nigeria is undoubtedly going through serious crisis, due partly to a sharp reaction by the oil producing communities, which suffer grievous hardships resulting from the operations of the laws governing the sector. The various attempts to suppress these people through the gun have failed woefully. The only option clearly available to the key players in the industry (the government and the oil producing/servicing companies) is to adopt fair and equitable laws as a framework for the exploitation of the oil and gas resources in Nigeria. This paper assesses the available laws regulating the oil and gas industry in Nigeria and recommends a progressive legal framework for the regulation of the Nigerian oil and gas sector, with a view to remedying the perceived lapses in the law.

Gas-to-Power and the Role of Gas Compression in the Nigerian Energy Industry

Author : Lucky Edjenekpo
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Gas-to-Power and the Role of Gas Compression in the Nigerian Energy Industry by : Lucky Edjenekpo

Download or read book Gas-to-Power and the Role of Gas Compression in the Nigerian Energy Industry written by Lucky Edjenekpo and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every industry in every country of the world is dependent on electricity to remain operational; therefore it is not a surprise that the frequent power cuts are having devastating effects on Nigeria's industrial sector. The electricity shortage in Nigeria is undeniably related to many of the key issues occurring in Nigeria today. The underlying causes of power shortages and regular interruptions - black-outs and brown-outs - vary from failures to bring on new capacity to coincide with the demands of economic growth, low investment and structural issues. In this paper, the writer presents current challenges facing the gas compression industry in Nigeria. These include security concerns, supply chain issues, 'big crew change', corruption, business environment and infrastructural issues, poorly managed construction contracts, pipeline vandalization, gas supply disruption concerns, the absence of institutional framework and in recent times oil price volatility. Dealing with these issues, the writer believes, will involve the provision of basic amenities in the oil and gas communities, competency development and improvement of supply chain and construction contractors personnel, training and technology conferences to address the 'big crew change', pragmatic enforcement of the law against corruption, appropriate monetary and fiscal terms to attract foreign direct investment, involvement of indigenous oil and gas companies, revival of moral awareness of the populace, formation of regional gas companies, development of fallow wells, adequate risk assessment by operators and service providers, quick passage of the Petroleum Industry Bill (PIB) and an enduringly strong political will on the part of the government.

Gas-to-Power Market in Nigeria

Author : Tade Oyewunmi
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Gas-to-Power Market in Nigeria by : Tade Oyewunmi

Download or read book Gas-to-Power Market in Nigeria written by Tade Oyewunmi and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has been noted to hold the largest proven natural gas reserves in Africa as well as being one of the top ten LNG exporting countries globally for several years. It is however paradoxical that natural gas currently accounts for only about 6% of the nation's total primary energy supply. Most of the projected capacity and efficiency gains of the power sector reforms initiated from 2001-2013 has been hinged on the secured, affordable and reliable gas supply to about 75% of power generation plants in Nigeria. Nevertheless, the outlook and trends depict fundamental regulatory and institutional misalignments between the domestic gas supply industry and the electric power market. The major challenges relate to the lack of or the inadequacy or timeliness of infrastructural investments, as well as the security and affordability of gas supply to power generators. These issues have directly or indirectly led to a gas-to-power supply 'crises.' Thus, this paper seeks to consider the nexus between the perennial shortages in gas supply for power generation and the perceived inefficiencies evident in relevant institutional and regulatory frameworks which are meant to guide and secure ex ante and ex post investments. In this regard, the economic and regulatory implications of the main trends and outlook for the gas-to-power value chain will be highlighted. The relevant principles of legal and economic regulation applicable to the Nigerian gas-to-power industry will be examined, with the backdrop of 'how' and 'if' such principles or regulatory approaches have worked efficiently in jurisdictions like the US and UK where liberalised or deregulated energy markets has been relatively entrenched.

The Negative Effects of Petroleum Gaming on Nigeria's Institutional and Legal Regimes

Author : Kato Gogo Kingston
Publisher :
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Negative Effects of Petroleum Gaming on Nigeria's Institutional and Legal Regimes by : Kato Gogo Kingston

Download or read book The Negative Effects of Petroleum Gaming on Nigeria's Institutional and Legal Regimes written by Kato Gogo Kingston and published by . This book was released on 2019 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central goal of this paper is to unmask the fundamental reasons for the ineffectiveness of all the Nigerian laws that are supposed to regulate and control the oil and gas enterprises. The first part of this paper presents the game theory effects which weigh the parties' rational choices leading to perpetual losing position of the Nigerian government to the effect the loser in the game is compelled to lower standards and weaken her laws to accommodate the winners' investment preferences. It argues that, the irrational choice of the Nigerian government which creates laxity in the laws to accommodate the oil companies is a race to the bottom with consequential permanent damages to the growth and development of the national economy. Among others, the paper highlights the effect of weak regulatory regime on profit oil, royalty receipts and environmental protections. It recommends that, Nigeria should develop local manpower and task the universities to produce indigenous personnel capable of replacing the foreign corporations in the oil and gas sector.

The Oil and Gas Industry

Author : Yinka Omorogbe
Publisher :
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Oil and Gas Industry by : Yinka Omorogbe

Download or read book The Oil and Gas Industry written by Yinka Omorogbe and published by . This book was released on 1997 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

National Oil Companies and Value Creation

Author : Silvana Tordo
Publisher : World Bank Publications
ISBN 13 : 0821388312
Total Pages : 149 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis National Oil Companies and Value Creation by : Silvana Tordo

Download or read book National Oil Companies and Value Creation written by Silvana Tordo and published by World Bank Publications. This book was released on 2011-07-13 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?

The Price of Oil

Author : Bronwen Manby
Publisher : Human Rights Watch
ISBN 13 : 9781564322258
Total Pages : 230 pages
Book Rating : 4.3/5 (222 download)

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Book Synopsis The Price of Oil by : Bronwen Manby

Download or read book The Price of Oil written by Bronwen Manby and published by Human Rights Watch. This book was released on 1999 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to Import Weapons

Assessing Low-Carbon Development in Nigeria

Author : Raffaello Cervigni
Publisher : World Bank Publications
ISBN 13 : 082139973X
Total Pages : 426 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Assessing Low-Carbon Development in Nigeria by : Raffaello Cervigni

Download or read book Assessing Low-Carbon Development in Nigeria written by Raffaello Cervigni and published by World Bank Publications. This book was released on 2013-07-10 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Government of Nigeria has adopted Vision 20: 2020--an ambitious strategy to make Nigeria the world's 20th largest economy by 2020. In the absence of policies to accompany economic growth in key carbon-emitting sectors with a reduced carbon footprint, emission of greenhouse gases could more than double in the next two decades. To evaluate how to achieve the objectives of Vision 20: 2020 with reduced carbon emissions, the Federal Government of Nigeria and the World Bank undertook a multiyear program of analytical work. The summary results of this program are contained in a separate book (published in the World Bank's "Directions in Development" series) entitled Low-Carbon Development: Opportunities for Nigeria, which concludes that Nigeria can achieve its development objectives, while stabilizing emissions at 2010 levels and providing domestic benefi ts on the order of 2 percent of GDP. This volume is a collection of the background technical reports on the four sectors of inquiry: agriculture and land use, oil and gas, power, and transport. It contains details on the data, methodology, and assumptions used throughout the analysis. For agriculture and land use, the study team developed an agriculture production growth model, which permits the evaluation of sector emissions in both a reference and a low-carbon scenario. The study fi nds that low-carbon practices have signifi cant potential to make the sector more productive and more climate-resilient. For the oil and gas sector, the analysis assesses the potential of accelerated phase-put of gas fl aring, reduction of leakages, and increased energy effi ciency in the operation of facilities, to both reduce the sector's emission and contribute to the industry's net revenues and growth. The analysis of the power sector shows how the country can expand power generation and broaden access to electricity while reducing associated emissions, through renewable energy, energy effi ciency, and lower-carbon technologies in thermal power generation. Finally, this analysis assesses the expected growth in CO2 emissions from on-road transport under a normal business development scenario up to the year 2035, and it identifi es actions at national and local levels that would reduce this growth, resulting in fuel economies, better air quality, and reduced congestion. Assessing Low-Carbon Development in Nigeria: An Analysis of Four Sectors outlines several actions that the Nigerian government could undertake to facilitate the transition to a low-carbon economy.