NIGERIA
Oil & Gas
FINANCIAL TIMES SPECIAL REPORT | Tuesday July 24 2012
www.
ft.
com/reports/nigeria-oil-gas-2012| twitter.
com/ftreports
Inside this issue
Flaring
Volumes of
gas burnt
off into the
atmosphere
have fallen
but Nigeria
is still the
world’s...
More
NIGERIA
Oil & Gas
FINANCIAL TIMES SPECIAL REPORT | Tuesday July 24 2012
www.
ft.
com/reports/nigeria-oil-gas-2012| twitter.
com/ftreports
Inside this issue
Flaring
Volumes of
gas burnt
off into the
atmosphere
have fallen
but Nigeria
is still the
world’s biggest flarer after
Russia Page 2
Local groups The
emergence of homegrown
companies has big
implications for production
Page 2
Gas Poor domestic pricing
has held back development,
but things are beginning to
change Page 2
Bunkering Towns in the
Niger delta are at the heart
of a thriving trade in stolen
oil Page 3
Petroleum Industry Bill
Analysts
who have
seen the
latest
version of
the bill say
vested
interests
appear to
have diluted its goals
Page 4
Multinationals An end to
violence in the delta has
been welcomed, but there
are other problems to
contend with Page 4
Environment Long-term
damage in Ogoniland is still
to be rectified Page 6
Amnesty Militants have put
down their
arms in
return for
payment,
but the
deal may
have set a
dange
Less