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Shell Announces New Energy Business in Nigeria

By Teddy Nwanunobi

Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales to meet the rapidly growing energy needs of wholesale customers and provide more and cleaner energy solutions in the country.

The new business line, which is Shell Energy Nigeria, will seek to deliver gas-based energy solutions to businesses across the country to help drive economic development while also delivering greater value from the country’s natural resources.

“This appears to be a new business focus and strategy for Shell in its operations in Nigeria”

According to a statement signed by its Media Relations Manager, Bamidele Odugbesan, the new business is expected to draw on the capabilities and experience of Shell Energy, a leading global provider of reliable, integrated and innovative energy solutions from a portfolio of natural gas, power and environmental products.

“In line with the Federal Government’s ‘decade of gas’ initiative, Shell Energy Nigeria will strive to deliver gas-based energy solutions to a broad range of businesses across the country to help drive economic development and deliver greater value from the country’s natural resources,” the General Manager of Shell Energy Nigeria, Markus Hector, said.

Shell Energy Nigeria’s gas solutions are designed to partner with other sources of energy – including renewables – to provide competitively priced and flexible energy, while helping the country to transition to a lower carbon energy system.

“Shell Energy Nigeria demonstrates our ongoing commitment to powering progress by providing more and cleaner energy solutions in the country. It brings to Nigeria Shell’s decades of marketing and trading experience, a wealth of market knowledge and its ability to integrate energy solutions to support economic development in Nigeria,” the Country Chair of Shell companies in Nigeria, Osagie Okunbor, said.

The new business will draw on the capabilities and experience of Shell Energy, a leading global provider of reliable, integrated and innovative energy solutions from a portfolio of natural gas, power and environmental products.

It offers a comprehensive selection of energy solutions available from a single supplier and made possible by one of the industry’s largest trading operations.

Building on the success of Shell Nigeria Gas, Shell Energy Nigeria, aims to deliver competitive and reliable energy for power generation and industrial users and to develop gas distribution to serve people in new regions.

This appears to be a new business focus and strategy for Shell in its operations in Nigeria.

It would be recalled that recently, Shell had intensified its move to drive down carbon emissions as well as deliver value to their shareholders, customers and the general public.

The statement added that Shell Nigeria Gas would continue current operations as part of Shell Energy Nigeria. Incorporated in 1998 SNG is a fully owned Shell company for the downstream distribution of gas to over 120 industries and manufacturing plants in Nigeria.

“The company’s 150-kilometre gas transmission and distribution network serves several distribution systems, including Agbara-Ota industrial cluster in Ogun State, the Aba Cluster in Abia State, and the Port Harcourt Cluster in Rivers State,” it added.

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