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A new empirical study on oil and gas in Nigeria, which serves as a
useful general introduction to many aspects of the country's oil
and gas industries and related laws. Contents: introductions -
definitions, importance, the international oil industry, how oil
was found; the Nigerian oil industry: historical perspectives and
acts of law; legislation governing the industry; ownership of oil
and gas - ownership theories in the oil and gas industries,
sovereignty over natural resources and international law; contracts
for exploration and production; the natural gas industry; fiscal
matters pertaining to the petroleum industry; OPEC; national oil
corporations and the Nigerian Petroleum Corporation; downstream oil
and gas law and policy; trade in crude oil and products;
environmental issues; oil community issues; topical issues in the
petroleum industry - e.g. acquisitions of technology, indigenous
oil companies; nationalisation and privatisation; and dispute
settlements. Yinka Omorogbe is a lecturer in law at the
Universities of Benin and Lagos, Nigeria.
The present energy economy, with its heavy dependence on fossil
fuels is not sustainable over the medium to long term for many
interconnected reasons. Climate change is now recognized as posing
a serious threat. Energy and resource decisions involving the
carbon fuels therefore play a large role in this threat. Fossil
fuel reserves may also be running short, and many of the major
reserves are in politically unstable parts of the world.
Yet citizens in nations with rapidly developing economies aspire
to the benefits of the modern energy economy. China and India alone
have 2.4 billion potential customers for cars, industries, and
electrical services. Even so, more than half of the world's
citizens still lack access to energy. Decisions involving fossil
fuels are therefore a significant part of the development equation.
This volume explains how the law can impede or advance the shift
to a world energy picture significantly different from that which
exists today.
This book first examines the factors that create the problems of
the present carbon economy, including environmental concerns and
development goals. It then provides international and regional
legal perspectives, examining public international law, regional
legal structures, the responses of international legal bodies, and
the role of major international nongovernmental actors. The book
then moves on to explore sectoral perspectives including the
variety of renewable energy sources, new carbon fuels, nuclear
power, demand controls, and energy efficiency. Finally, the authors
examine how particular States are, could, or should, be adapting
legally to the challenges of moving beyond the carbon economy.
With the inclusion of access to energy in the sustainable
development goals, the role of energy to human existence was
finally recognized. Yet, in Africa, this achievement is far from
realized. Omorogbe and Ordor bring together experts in their fields
to ask what is stalling progress, examining problems from
institutions catering to vested interests at the continent's
expense, to a need to develop vigorous financial and fiscal
frameworks. The ramifications and complications of energy law are
labyrinthine: this volume discusses how energy deficits can burden
disabled people, women, and children in excess of their more
fortunate counterparts, as well as considering environmental
issues, including the delicate balance between the necessity of
water for drinking and cleaning and the use of water in industrial
processes. A pivotal work of scholarship, the book poses pressing
questions for energy law and international human rights.
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