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Nigerian oil monitors seek law to enforce gas-flare target
Nigeria's Department of Petroleum Resources has urged parliament to
enact a law that would give it legal backing to enforce the government's
new deadline of December 31, 2008, for oil producers to end gas flaring.
Quoting oil industry oversight officials, the report said the DPR's bid
to clamp down on erring companies had been hampered by the absence of
laws empowering the department to compel producers to stop the flaring.
"The lawmakers would not blame us for not stopping gas flaring in the
country because there is no law in the constitution that stops gas
flaring. We cannot make laws, we only work on laws that have been made,"
an official told.
Nigeria, reputed to flare the second-largest amount of gas in the world
behind Russia, only has laws stipulating penalties for gas flaring. The
DPR plans to start implementing a new regime of fines, penalizing
companies $ 3.50/1,000 cf of gas flared, starting in April. Officials,
however, said this would require government approval. Oil companies
currently pay 8 cents/mm cf of gas flared.
State-run Nigerian National Petroleum Corp said earlier oil producers
would not meet the current deadline of December 31 this year, primarily
due to a lack of funds needed for projects designed to reduce gas
flaring.
