Nigeria Sets Dec. 31 Deadline To End Gas Flaring

Law360, New York (November 4, 2008, 12:00 AM EST) -- Nigeria has reportedly given gas companies until the end of the year to end environmentally dangerous gas flaring in the country, or risk losing their oil fields.

The Nigerian government is considering not renewing oil companies' leases on their fields if they do not stop gas flaring — the burning off of excess gas from plants into the air through chimneys — by Dec. 31, oil industry publication Platts reported on Monday. The country has already levied a fine of $3.50 per cubic foot of gas,...
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