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African Countries Getting Robbed Blind In Gas Deals

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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

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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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