Business Shell Zones in on Nigeria’s Domestic Gas Market

  • Thread starter Thread starter LequteMan
  • Start date Start date
L

LequteMan

Guest
Nigeria - The Shell Petroleum Development Company (SPDC) is making moves to enter Nigeria’s domestic gas market as it has begun the processes of reviewing some large gas projects onshore in the country, Guardian reports.

Vice President, Nigeria and Gabon, Shell Upstream International, Markus Droll, said the move was aimed at increasing its contribution to the nation's Liquefied Natural Gas (LNG) output.

Negotiations with the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Liquefied Natural Gas (NLNG) on the terms of operations is already on.

It was gathered that the contractual terms includes majorly the funding mechanism which has recently put many oil operators on their toes due to the sliding oil prices.


#Nigeria #Shell #Gas #NNPC #NLNG

shell.png
 
Back
Top