Myvideo

Guest

Login

Niger Bans Export of Natural Gas to Punish Nigeria.

Uploaded By: Myvideo
1 view
0
0 votes
0

NIger bans the Export of Gas to Punish Nigeria. On Tuesday, October 3, 2023, the government of Niger announced a ban on all exports of liquefied petroleum gas or LPG until further notice. The government said that the ban was necessary to ensure that domestic demand for LPG is met. However, this ban could precipitate the military intervention in Niger as it could anger Nigeria. LPG, also known as cooking gas, is a flammable mixture of hydrocarbon gases used as fuel in cooking, heating, and other applications. Nigeria is the largest consumer of LPG in Africa, with an estimated demand of 1.8 million metric tons per year. However, due to the lack of adequate infrastructure and domestic production, Nigeria relies heavily on imports from neighboring countries, especially Niger, which has abundant natural gas reserves. Niger is a major producer of LPG, and it normally exports its surplus to neighboring Nigeria. However, the government said that domestic demand for LPG has increased in recent months, due to rising prices and economic hardship. The ban on LPG exports is likely to have a significant impact on Nigeria, which is a major importer of LPG from Niger. Nigerian consumers are likely to see higher prices for liquified petroleum gas, and some businesses may be forced to close. Other videos to watch on our channel; Citizens Rally to Support Traore: French Troops to Leave Niger this Week: Scary video of French warships in the Coast of West Africa: FOOTAGE licensed through Storyblocks

Share with your friends

Link:

Embed:

Video Size:

Custom size:

x

Add to Playlist:

Favorites
My Playlist
Watch Later