Shell has transformed from an oil firm into an energy firm – MD

Shell’s Managing Director, Mr Osagie Okunbor, has said private participation is key to the issue of resolving the energy crises in Nigeria. Represented at the 2018 edition of the Nigeria Off-Grid Innovations and Summit in  Lagos by the Managing Director, Shell Gas Nigeria, Mr Ed Ubong, Okunbor urged private sector operators to take a cue from Shell and be passionate about Nigeria’s energy problems.

“Shell has transformed from being an oil company to energy solution firm. This is evident in the huge investments made in Afam power plant, through which Shell is able to generate some megawatts of electricity in Nigeria,” Okunbor said. He said Shell’s desire is to close the energy gap in the country, adding the issue made the firm set up All On, an energy driven solution company, with a view to providing electricity to communities, that do not have electricity to create the much needed growth for their people.

Okunbor said Shell, despite being a partner in the Nigeria Liquefied and Natural Gas (NLNG) Limited, where its holds 26.5 per cent shares alongside the Nigerian National Petroleum Corporation( NLNG), Eni and Agip, also sees the need in providing gas to thermal plants for improved supply of electricity. He said the issue of changing Nigeria’s energy landscape is paramount to Shell, and urged stakeholders in the value chain to develop similar interest in the provision of electricity for the country.

Source: The Nation

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