October 4, 2022/FBNQuest The Debt Management Office’s (DMO) quarterly release on public debt, shows that the FGN’s total external debt obligations increased by c.USD96m relative to the prior quarter to USD40.1bn in Q2 ’22. This is roughly equivalent to 9.6% of 2021 GDP. On a y/y basis, the rise is […]
OPINION/EDITORIAL
Oil Markets Are Set Up For A Bull Run
October 4, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week Europe Struggles to Cut Gas Demand – As Bloomberg has noted, the main tenet of European gas policy going into the winter season of 2022/2023 – lower consumption – is not yet happening. – The last week of September […]
Nigerian Oil & Gas Companies Flared 57.8Bn Standard Cubic Feet of Gas Worth $552.3M Y-t-D
October 4, 2022/CSL Research Gas flaring Based on the data extracted from the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, NOSDRA, oil and gas companies in the country flared 157.8bn standard cubic feet (SCF) of gas worth US$552.3m from January to September […]
