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‘We’re not exiting Nigeria’ …Shell Affirms As It Deepens Operations

By Saidu Abubakar

Energy giant, Shell, yesterday reiterated commitment to its presence in Nigeria, confirming that it is instead, deepening its operations in the country thanks to several exciting projects coming on stream. 

Shell said in a statement at the 6th Nigeria International Economic Summit (NIES) which began in Abuja, Nigeria’s capital.

Speaking as the sponsor of the Minsters and Head of Delegation Dinner that kicked off the event, Shell Nigeria’s General Manager, Commercial, Hans Nijkamp, talked about key projects for Shell in Nigeria including several gas and pipeline projects, that will help Nigeria utilize its vast gas resources to meet energy demand for domestic industrial development and for export to generate much-needed revenue for Nigeria.

The statement signed by Shell’s Abimbola Essien-Nelson, Media Relations Manager quoted Nijkamp as saying that, “recent global events continue to highlight the world’s urgent and long term energy demands and these present opportunities for Nigeria to quickly utilize its vast gas resources.

“Also, Nigeria’s own growing population needs accessible and affordable energy for industrialization, electricity and sundry others developments and Shell has projects to help meet these opportunities.”

Valuechain reports that the Shell top shot also reiterated thus: “Shell is not advancing actions on the onshore portfolio review in compliance with the Supreme Court’s order to maintain the status quo.

“Shell’s relationship with Nigeria remains strong and we continue to focus investment in Nigeria’s deep-water exploration and production, in our renewable energy space with All On.

“Our Shell Energy Nigeria business line is also working to expand the gas distribution solutions being championed by Shell Nigeria Gas Limited”, he further said.

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