Nigeria’s pioneering gas flaring plan risks going down in flames
I have been watching Nigeria (the whole Gulf of Guinea actually) flare incredible volumes of gas for way more than 10 years now. And while I was confident that this could be turned around into a profitable business while reducing flaring years ago, I have also seen untold many plans to do something about it flounder. Nigeria could significantly reduce its own fuel imports that burn a hole in their public finances and at the same time significantly improve the air quality in its big cities which is appalling. But there are powerful forces making money out of the status quo. They are stronger than common sense.