THE EFFECTS OF OIL JOINT VENTURE PARTNERSHIPS ON ENFORCEMENT OF ZERO-GAS FLARING POLICY IN NIGERIA, 2003-2011

Format: MS WORD  |  Chapter: 1-5  |  Pages: 75  |  542 Users found this project useful  |  Price ₦3,000

GET THE COMPLETE PROJECT

THE EFFECTS OF OIL JOINT VENTURE PARTNERSHIPS ON ENFORCEMENT OF ZERO-GAS FLARING POLICY IN NIGERIA, 2003-2011

 

ABSTRACT

The act of gas flaring in Nigeria began with production of crude oil in 1958, and has since engendered serious trans-boundary environmental, energy, economic and health implications. This has led to the adoption of zero-gas flaring policy in 2003 in line with the domestication of related international initiatives and treaties in Nigeria. However, oil joint venture partnerships between Nigeria’s NNPC and international oil corporations (IOCs) from the United States of America, Britain, France and the Netherlands in oil production flared 514,779,616 standard cubic feet (scf) of associated gas out of 619,032,858 scf of total associated gas flared in 2011. Available records indicate that Nigeria’s oil joint venture partners prioritized profits through increase in oil production without relating oil production to the capacity of gas utilization facilities required to meet policy deadline. This study focused on the effects of oil joint venture partnerships on the enforcement of zero-gas flaring policy in Nigeria, 2003-2011. The specific objectives were to: (i) determine whether equity arrangements of the oil joint operation agreements hindered the implementation of zero-gas flaring policy in Nigeria; (ii) ascertain whether the budgeting process of the oil joint venture operations impeded the adoption of effective gas flare elimination strategies in Nigeria, and (iii) establish whether funding of NNPC’s participation in oil joint venture partnerships constrained financing of associated gas utilization facilities in Nigeria. The study adopted the rentier state theory as the theoretical framework and ex-post-facto research design. The study also made use of secondary data sourced from books, journals, conference papers and official documents from the Nigerian National Petroleum Corporation (NNPC), the Organization of Petroleum Exporting Countries (OPEC), the World Bank, Global Gas Flaring Reduction Partnership (GGFRP), the Nigerian Extractive Industries Transparency Initiative (NEITI), the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN). The study used logical induction to analyze the data. The major findings were that: (i) the equity arrangements of the oil joint operation agreements hindered the implementation of zero-gas flaring policy in Nigeria, (ii) the budgeting process of the oil joint venture operators impeded the adoption of effective gas flare elimination strategies in Nigeria, and (iii) the inadequate funding of NNPC’s participation in oil joint venture partnerships constrained financing of associated gas flaring utilization facilities in Nigeria. The recommendations were: (i) restructuring the equity arrangements of the oil joint venture partners in order to effectively implement zero-gas flaring policy, (ii) reforming the budgeting process of the joint venture operators for adopting effective gas flaring elimination strategies, and (iii) sufficient funding of NNPC participation in the joint venture partnerships necessary for adequately financing associated gas utilization projects.

GET THE COMPLETE PROJECT

Not What You Are Looking For?



For QUICK Help Call Us Now!

+234 813 292 6373


Here's what our amazing customers are saying

JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
Merry From BSU
I am now a graduate because of iprojectmaster.com, God Bless you guys for me.
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent

HOW TO GET YOUR COMPLETE PROJECT INSTANTLY

  • Select 3 Project Topics of your choice from your Department.
  • Submit the 3 topics to your Supervisor for Approval.
  • Call Our Instant Help Desk on 0813-292-6373 and Get Your Complete Project Material Instantly.
  • All project materials on this website are well researched by professionals with high level of professionalism.

FREQUENTLY ASKED QUESTIONS

How do i choose a Project Topic?

Look for your department and select any topic of your choice

I have a fresh topic that is not on your website. How do I go about it?

How fast can i get a complete project from your website?

Within 15 minutes if the exact project topic is on our website

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

One of your topics suites my project, but the case study is different. What do i do?

Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

How do i get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: (+234) 813-292-6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: (+234) 813-292-6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!