Saturday, November 25, 2017

Nigeria, The First Crude Oil producer in The African Continent


Nigeria, or rather the region of the Niger Delta, is notorious for the continued tensions between local multinationals and guerrillas (and the consequent repercussions on the country's oil activity and crude oil prices) is one of the richest areas of hydrocarbons.

The quantity and quality of these resources have attracted the interests of the major Western companies that have been operating in the oil and, most recently, in the gas sector for decades.

The first crude oil producer in the African continent, member of OPEC, the country oscillates between the sixth and the eighth position as a world exporter and is the fifth supplier of the United States, while the recent results obtained under the NATURAL GAS liquid prelude to a protagonist future also on this market.

Nonetheless, over 60% of Nigeria's 150 million people live in an endemic poverty stash, with less than a dollar a day.

A situation of marginalization and exploitation to which the institutions could not answer - complicit also the corruption of a political class more attentive to their own personal interests than to the needs of the population - and who is degenerated into rebellion and violence perpetrated against the foreign oil installations and Western technicians, by local militias fighting in the name of the emancipation of their land and direct control over their resources.

In a descriptive and accessible way to everyone, the book by Agata Gugliotta, "Nigeria, whose resources? Oil and gas in the Niger Delta "reconstructs the economic and political life of Nigeria seen through black gold, the resource that still hinders the way of being a state enslaved to the needs of private capital; contextualizes the motives and developments of a revolt that, overwhelmingly overwhelmingly over time, has just recently swung to the backdrop of the media; analyzes what might prove to be a ransom for the country, or, conversely, an accelerator of the crisis: the exploitation of gas resources.

Burned in torch for decades, gas - considering the magnitude of RESERVES on site and its growing role in the international energy landscape - could offer the country a new stage of development and create opportunities to get out of the economic crisis and the climate of violence which attracts him.

But regardless of the time and the uncertainties related to the development of the gas sector, the economic and social degradation, the ' pollution of air, water and land every day that the Nigerian population is forced to suffer, they require urgent attention.

On the other hand, as the pages of this page show - written in a delicate but acute civil passion - the conflict that has bloomed Nigeria for a long time is likely to get stuck further, leading to a collapse of an economy already on the brink and making it increasingly difficult to see the presence and the " activities of Western multinationals.

No comments:

Post a Comment