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30 comments on Non-OPEC Oil Supply Gains

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Glenn on January 3, 2006 - 11:24am Permalink | Subthread | Parent | Comments top
Isn't Nigeria just flaring gas right now. Can't someone tap into that?
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Khebab on January 3, 2006 - 11:32am Permalink | Subthread | Parent | Comments top
My understanding is that NG is mostly profitable when it can be delivered throught pipelines straight to the customer. However, There is almost no market for NG in Africa. The only option is to develop a costly Liquified NG infrastructure.
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TI on January 3, 2006 - 1:28pm Permalink | Subthread | Parent | Comments top
Nigeria is flaring over 40% of its gas production. But it is also planning to increase considerably its electric power capacity by using gas. LNG transports are expensive and a real alternative should be to build local pipelines and power grids for transimission of gas-powered electricity. It is presently rapidly increasing its LNG capacity, so flaring will be reduced.
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