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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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