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stockhocker

07/21/05 9:20 PM

#8465 RE: Nodak #8464

Nodak, do some more homework. Flaring is no longer an option. The gas must be produced. It's being phased-out now, but I think 2008 ends ALL flaring in Nigeria.

I would not be suprised to learn the the JDZ model PSC disallows flaring completely from day one.
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wx_gssr

07/21/05 11:26 PM

#8483 RE: Nodak #8464

There is an initiative to stop flaring in Nigeria. I do not know how it will affect the JDZ blocks, but I do know that there is gas capturing/processing/shipping infrastructure being planned and built. LNG.....coming to a Gulf coast port in the future...all of the new electricity plants and all the new houses being built are gas fired and heated. Its gotta come from somewhere.