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African Countries Getting Robbed Blind In Gas Deals

AFRICANGLOBE - As Mozambique and Tanzania gear up to become leading exporters of gas to Asian hyper-economies across the Indian Ocean, there are major lessons they can learn about pricing, management and transparency from Nigeria and Ghana.Both countries have seen recent hard-hitting reports critical of pricing, procurement, and the management of gas revenues.

Oil Firms Underpay Nigeria Billions

Nigeria Extractive Industry Transparency Initiative, NEITI, has disclosed that from its audit report between 2006 and 2008, the Nigerian National Petroleum Corporation, NNPC, received...
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