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Gas flaring, ineffective utilization of energy resource and associated economic impact in Nigeria: Evidence from ARDL and Bayer-Hanck cointegration techniques
Energy Policy ( IF 9.3 ) Pub Date : 2021-03-30 , DOI: 10.1016/j.enpol.2021.112260
Emmanuel E. Okoro , Bosede N. Adeleye , Lawrence U. Okoye , Omeje Maxwell

This study aligns with Sustainable Development Goal 7 which aims at “ensuring access to affordable, clean energy, reliable, sustainable and modern energy for all”. The Gazetted Flare Gas Regulations 2018 provides a legal framework to support the policy objectives of the Federal Government for the reduction of Green House Gas emissions through the flaring and venting of natural gas. The Regulations provide the legal basis for the implementation of the Nigerian Gas Flare Commercialization Programme. This study investigates the factors contributing to gas flaring activities in Nigeria from 1970 to 2019. Using the autoregressive distributed lag error correction representation and cointegration techniques, findings reveal, among others, that in the long-run: (1) gas flaring activities is persistent; (2) economic growth induces flaring activities; (3) gas prices exert asymmetric impact; (4) gas utilization and fossil fuel are negative predictors. The result shows that gas price contemporaneously exerts positive and statistically significant impact at the 1% level. Gas price contributes 0.187 percent increase to gas flaring while its first lag induces significant reduction in gas flaring by 0.293 percent at 1 percent level of significance. This study also provides sufficient evidence on the persistency of gas flaring activities in Nigeria.



中文翻译:

尼日利亚的天然气燃烧,能源利用效率低下以及相关的经济影响:ARDL和Bayer-Hanck协整技术的证据

这项研究符合可持续发展目标7,该目标旨在“确保所有人都能获得负担得起的,清洁能源,可靠,可持续和现代能源”。《 2018年宪报火炬气条例》提供了一个法律框架,以支持联邦政府通过燃烧和排放天然气减少温室气体排放的政策目标。该条例为实施尼日利亚瓦斯火炬商业化计划提供了法律依据。这项研究调查了1970年至2019年尼日利亚的天然气燃烧活动的影响因素。使用自回归分布滞后误差校正表示法和协整技术,研究结果显示,从长远来看,(1)天然气燃烧活动是持久的; (2)经济增长引发火炬活动;(3)天然气价格施加不对称影响;(4)天然气利用和化石燃料是负面的预测因素。结果表明,汽油价格同时在1%的水平上产生了积极的和具有统计意义的影响。天然气价格对燃烧天然气的贡献为0.187%,而其第一滞后导致显着性水平为1%的天然气燃烧显着减少了0.293%。这项研究也提供了关于尼日利亚天然气燃烧活动持续性的充分证据。

更新日期:2021-03-31
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