Natural gas

Climate Change: Arctic Ice Endangered By Russian Gas Blaze

August 26, 2022 6:39 am

Reports reaching the desk of Africa Daily News, New York has it that Russia is burning off significant amounts of natural gas as the cost of electricity in Europe soars.

According to experts, the gas would have initially been shipped to Germany.

Africa Daily News, New York gathered that the facility, which is close to the Finnish border, burns about $10 million (£8.4 million) worth of gas per day.

Scientists are also worried that soot from the burn will impact Arctic ice.

4.34 million cubic meters of gas are consumed by the flare on a daily basis, according to Rystad …

Bulgaria Moves To Replace Russian Gas Supply With US LNG

May 15, 2022 2:04 am

Bulgaria has concluded plans to start receiving supplies of US liquefied natural gas (LNG) at prices lower than Gazprom’s commencing from June, according to a deal struck between Prime Minister Kiril Petkov and US Vice President Kamala Harris, the government’s press service has disclosed.

Deputy Minister of Economy Georgi Danailov stated that the two had been working on the idea of alternative supplies of liquefied natural gas since February.

“This is the finalisation of the talks held during this period,” he told Nova TV in a program which was monitored by Africa Daily news, New York.

According to him, the …

How Natural Gas Can Fuel Nigeria’s Industrial Revolution

February 16, 2020 9:29 am

Given the overarching importance and intrinsic value of gas resources to Nigeria’s economy and industrialisation as well as the wellbeing of the people, Kunle Aderinokun writes on the need for the federal government to pay more attention to the development of gas industry, necessary to nurture the fuel of the future, and be free from the vagary of oil, the liquid fuel, which is even less profitable

In 2017, the US Energy Information Administration released a report confirming the presence of an estimated 7,923 trillion cubic feet (tcf) of total world reserves of natural gas beneath the earth’s surface.

Approximately …