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Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes and other fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue. Recent developments in the natural resource sector have triggered a fresh round of...
Persistent link: https://www.econbiz.de/10013055604
Purpose: The purpose of this paper is to review the reserves and production of natural gas in Africa and evaluate how it can help solve the power challenges of the continent. Design/Methodology: This paper develops from a descriptive analysis and literature on natural gas and power. Findings:...
Persistent link: https://www.econbiz.de/10011596872
Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government's responsiveness and accountability towards the people and they have brought it into collusive relationship with...
Persistent link: https://www.econbiz.de/10011810461
The production of natural gas is strongly increasing around the world. Long-run negative external effects of extraction are understudied and often ignored in social) cost-benefit analyses. One important example is that natural gas extraction leads to soil subsidence and subsequent induced...
Persistent link: https://www.econbiz.de/10010504117
In 2018, exports of fuel and energy commodities increased by nearly 36%t as compared to the previous year, while growth in non-oil and gas exports amounted to over 11%. However, it was mainly facilitated by improvement of the pricing situation on the market. Within a year, imports rose by 5%...
Persistent link: https://www.econbiz.de/10012871316
Purpose: The purpose of this paper is to review the advantages of natural gas as a potential solution to Africa's power challenges. Design/Methodology: This paper develops from a descriptive analysis and literature on natural gas and power.Findings: The key finding is that despite increased...
Persistent link: https://www.econbiz.de/10012979196
This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...
Persistent link: https://www.econbiz.de/10013317916
Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government’s responsiveness and accountability towards the people and they have brought it into collusive relationship...
Persistent link: https://www.econbiz.de/10014115108
Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes and other fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue. Recent developments in the natural resource sector have triggered a fresh round of...
Persistent link: https://www.econbiz.de/10014394435
This paper suggests that an optimal local content policy in the context of flawed institutions is a more minimal one than those typically pursued by developing countries with recently discovered petroleum reserves. We argue that local content requirements need to be seen as a public expenditure...
Persistent link: https://www.econbiz.de/10011379714