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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.
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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