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LequteMan
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Nigeria’s enormous oil and gas resources is one of the major reasons the Shell Group remains optimistic about the country’s economic future. Vanguard reports.
The Vice President, Nigeria and Gabon, Shell Upstream International, Mr. Markus Droll, says Shell's optimism and continued investments in the country is being fuelled by current reforms in the petroleum industry as well as the re-prioritising of energy issue across the economic value chain.
Apart from the nation’s growing gas sector, he noted that with the way issues were now being handled, “Nigeria will continue to develop, diversify and grow its economy.”
Already, he said that current investments by Shell Companies in Nigeria are expected to generate up to $5million annually for the next 10 years under the SPDC Joint Venture.
#Nigeria #Shell #SPDC #Oil #Crudeoil
The Vice President, Nigeria and Gabon, Shell Upstream International, Mr. Markus Droll, says Shell's optimism and continued investments in the country is being fuelled by current reforms in the petroleum industry as well as the re-prioritising of energy issue across the economic value chain.
Apart from the nation’s growing gas sector, he noted that with the way issues were now being handled, “Nigeria will continue to develop, diversify and grow its economy.”
Already, he said that current investments by Shell Companies in Nigeria are expected to generate up to $5million annually for the next 10 years under the SPDC Joint Venture.
#Nigeria #Shell #SPDC #Oil #Crudeoil
