Author : Dickson Ebikabowei Omukoro
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (111 download)
Book Synopsis Petroleum Operations and Environmental Degradation in Nigeria by : Dickson Ebikabowei Omukoro
Download or read book Petroleum Operations and Environmental Degradation in Nigeria written by Dickson Ebikabowei Omukoro and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Having established the failure of the legal regime, the study examines the consequences of the State's failure to sustainably develop its petroleum resources and consider if such failure has any impact on the stability and sustainability of petroleum projects themselves. Perhaps the most surprising finding to emerge from this study is that while the failure of the regulatory regime has negatively impacted the local population, the resulting social unrest or risks does not negatively impact the stability and sustainability of petroleum projects in real terms when compared with the cost of improving environmetal practices. In the search for solutions to address the failure of the existing regime and its consequences, the study examined relevant provisions of the new Petroleum Industry Bill (PIB) intending to ascertain if there are significant improvements capable of ensuring the sustainable development of Nigeria's petroleum resources. It concludes that while the PIB contains some improvements on the existing regulatory regime, there are problematic provisions that require some attention if the nation is to achieve the goal of sustainable development of its petroleum resources.
