{"id":616,"date":"2023-11-05T21:03:01","date_gmt":"2023-11-05T21:03:01","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/seplat-energys-penalties-for-gas-flaring-up-by-50\/"},"modified":"2023-11-05T21:03:01","modified_gmt":"2023-11-05T21:03:01","slug":"seplat-energys-penalties-for-gas-flaring-up-by-50","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/seplat-energys-penalties-for-gas-flaring-up-by-50\/","title":{"rendered":"Seplat Energy\u2019s penalties for gas flaring up by 50%"},"content":{"rendered":"<div>\n<p>Seplat Energy recorded N2.6 billion as penalties for gas flaring from January to September 2023.<\/p>\n<p>This is according to the figure from the company\u2019s financial statement for the first to third quarters of 2023.<\/p>\n<p>The figure represents a 50 per cent increase from the N1.3 billion the company paid for the same period in 2022.<\/p>\n<p>\u201cOperational and maintenance expenses relate mainly to maintenance costs, warehouse operations expenses, security expenses, community expenses, clean-up costs, direct staff costs, fuel supplies, and catering services. Also included in operational and maintenance expenses is a gas flare penalty of N2.6 billion (2022: N1.3 billion),\u201d the statement partly reads.<\/p>\n<p>Data from the National Oil Spill Detection and Response Agency said the Federal Government lost about N843 billion to gas flaring between January 2022 and August 2023.<\/p>\n<p>Seplat Energy\u2019s penalties for gas flaring up by 50%<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by WPeMatico<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seplat Energy recorded N2.6 billion as penalties for gas flaring from January to September 2023. This is according to the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":617,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[752,15,753],"tags":[758,519,20,757,756,190,754,180,755,759],"class_list":["post-616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gas","category-news","category-seplat-energy","tag-758","tag-business","tag-energy","tag-energys","tag-flaring","tag-for","tag-gas","tag-news","tag-penalties","tag-seplat"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=616"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/617"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}