Shell assessing $4 bln Nigeria oil projects
LAGOS, April 18
LAGOS, April 18 (Reuters) - Royal Dutch Shell Plc is assessing projects that could be worth around $4 billion to boost oil production in Nigeria and cut flaring of associated natural gas, which should come on tap by 2015, Chief Executive Officer Peter Voser said in comments published on the company's website.
Oil companies such as Shell have been criticized for flaring gas instead of trapping it to sell as liquefied natural gas (LNG) or to supply to Nigeria, which suffers huge power shortages despite being Africa's top energy producer.
- White House reverses, says Obama met uncle and lived with him during law school
- South Africa mourns Mandela, will bury him on December 15 |
- U.S. television, Twitter, alive with new version of 'Sound of Music'
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Ford leans on global Mustang to burnish overseas image