The Energy Republic February Edition 2022

NIGERIA OIL AND GAS
and alternative energy sources including solar and
hydrogen.”
Shell plays a key role in helping to meet the world’s
growing energy demand in economically,
environmentally and socially responsible ways.
Shell has a history of over 50 years in Nigeria and
the largest footprint of all the international oil and
gas companies operating in the country.
Shell has been active in Nigeria since 1937. Shell
companies and investments have played a
pioneering role in onshore, shallow and deep
water oil exploration and production. Shell has
also been at the forefront of gas development,
producing and delivering gas to domestic
consumers and export markets for over 40 years.
Osagie Okunbor
Country Chair of Shell Companies in Nigeria
We are Committed to Lower
CO2 Emissions in Nigeria
Nigeria’s leading energy company,
S h e l l , h a s r e i t e r a t e d i t s
commitment to supporting efforts
to help the country meet its lower carbon
emission target.
“Apart from this being the right thing to do,
it is also good for our business in Nigeria,”
Managing Director of Shell Nigeria
Exploration and Production Company
(SNEPCo), Mrs. Eloho Aiboni, said on
Tuesday in Lagos at the opening session of
the 2022 edition of the Sub-Saharan
African International Petroleum Exhibition
and Conference (SAIPEC).
Aiboni said Shell companies in Nigeria have
a clearly defined strategy to support the
country’s net zero emission target which
she said was also in alignment with the
Shell group’s ambition.
She said, “Shell companies in Nigeria are
contributing to meeting this aggressive
target by driving operational excellence of
our existing assets, generating maximum
value to secure and fund our growth and
energy transition activities, and driving
alternative energy solutions through the
Shell-seeded impact investing company,
All-On.”
She said Shell was also expanding its domestic
gas delivery network while building capability
and relevant skills in the upstream towards
energy transition.
Aiboni, who was represented by Shell’s General
Manager Business Relations, Mr. Bashir Bello,
described Shell’s gas infrastructure project in
Aba, Abia State as one of the many
contributions Shell is making to boost
industrialisation through the use of gas while
helping to cut down on carbon emission. “Our
provision of access to cleaner and stable source
of energy, through our gas pipelines, provides
electricity to the popular Ariaria International
Market in Aba which has over 37,000 shops and
an estimated one million traders,”Aiboni said.
She said Shell remained committed to
supporting the Paris Agreement’s aim to limit
global warming to 1.5 degrees Celsius. “We also
are working hard to help those who use our
products to reduce their own emission.”
According to Aiboni, about 80 metric tonnes of
Shell’s global CO2 emission in 2019 for instance,
came from its direct and indirect operations
compared to over 1,500 metric tonnes of CO2
from Shell’s customers’ use of the company’s
products. “The opportunities lie, therefore, in
more environmentally friendly energy products
Shell Companies in Nigeria (SCiN) are major
contributors to the economy, not only through the
energy they produce and the revenues they
generate for the country, but also via their supply
chains, local content and social investment.
Shell business activities in Nigeria
3The Shell Petroleum Development Company of
Nigeria Limited (SPDC) is the largest Shell
company in Nigeria and produced the country’s
first commercial oil exports in 1958.
SPDC is the operator of a joint venture (the SPDC
JV) between the government-owned Nigerian
National Petroleum Corporation – NNPC (55%
share), SPDC (30%), Total E&P Nigeria Ltd (10%)
and the ENI subsidiary Agip Oil Company Limited
(5%). It is focused on onshore and shallow water
oil and gas production in the Niger Delta.
3Shell Nigeria Exploration and Production
Company (SNEPCO) operates the Bonga field,
Nigeria’s first deepwater oil discovery. The Bonga
facility has the capacity to produce more than
200,000 barrels per day of oil and 150 MM
standard cubic feet of gas per day.
3Shell Nigeria Gas (SNG) is the only international
oil and gas company to set up a gas distribution
company in Nigeria to supply industry customers.
Nigeria LNG (NLNG) is a joint venture incorporated
in 1989 to produce LNG and natural gas liquids for
export. It was Nigeria’s first LNG project.
Shell holds a 25.6% share, together with NNPC
(49%), Total (15%) and ENI (10.4%).
Shell has a history of over 50 years in Nigeria and
the largest footprint of all the international oil and
gas companies operating in the country. Its
companies and investments have played a
pioneering role in onshore, shallow and deep
water oil exploration and production.
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THE ENERGY REPUBLIC I SPECIAL EDITION