Shell Looks to Gas in Nigeria After Decades of Oil Struggles



Shell Looks to Gas in Nigeria After Decades of Oil Struggles
After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell Plc still feels optimistic a fossil fuel can improve life in the country.

It may be that the only large company willing to push through those sorts of challenges, while spending lots of money in Nigeria, is Shell. Ubong didn’t speak directly of the company’s checkered history in the country, he said it’s very determined to set Nigeria on a positive course.

“Would a private investor be able to sit down for ten years just watching, racking up his losses? Maybe not,” said Ubong. “But we know what our commitment is to Nigeria -- to support it as it tries to industrialize.”

To contact the reporter on this story: Kelly Gilblom in London at kgilblom@bloomberg.net To contact the editors responsible for this story: James Herron at jherron9@bloomberg.net Helen Robertson


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