• Evaluation Of Nigerian Gas Production & Electricity Generation From Natural Gas Using Regression Anaylsis

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    • 1.7. Research hypotheses
      Hypothesis 1
      H0: there is no significant relationship between gas production and electricity generation in Nigeria.
      H1: there is a significant relationship between gas production and electricity generation in Nigeria.
      Hypothesis 2
      H0: Gas production does not significantly influence the level of power generation and supply in Nigeria.
      H1: Gas production significantly influences the level of power generation and supply in Nigeria.
      1.8. Definition of terms
      Electricity:a form of energy resulting from the existence of charged particles (such as electrons or protons), either statically as an accumulation of charge or dynamically as a current.
      Natural gas:Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, and/or hydrogen sulfide.
      Generation:the production or creation of something.
      Natural resources: Mineral Resources can be defined as the concentration of material of economic interest in or on the earth's crust, whereas Ore Reserves are the parts of a Mineral Resource that can at present be economically mined.
      Mineral:A mineral is a naturally occurring substance, representable by a chemical formula that is usually solid and inorganic, and has a crystal structure.
      Crude oil:Crude oil, commonly known as petroleum, is a liquid found within the Earth comprised of hydrocarbons, organic compounds and small amounts of metal. While hydrocarbons are usually the primary component of crude oil, their composition can vary from 50%-97% depending on the type of crude oil and how it is extracted.
      Gas flaring:the burning of natural gas that is associated with crude oil when it is pumped up from the ground. In petroleum-producing areas where insufficient investment was made in infrastructure to utilize natural gas, flaring is employed to dispose of this associated gas.
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