|
|
Article: Nigeria : Shell mulls expansion at Nigeria gas project.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: manish03
Royal Dutch Shell is mulling a second phase of expansion at its gas and oil project in Nigeria that would see a total of 3.4 trillion cubic feet of gas extracted, a senior official said on Wednesday. In February this year Nigeria's state oil company NNPC signed a $1.69 billion funding agreement with Shell to cover its share of investment in the integrated Gbaran Ubie oil and gas project in the southern state of Bayelsa. The Shell Petroleum Development Company, the Anglo-Dutch giant's Nigerian unit, hopes the project will produce one billion cubic feet of gas each day and more than 70,000 barrels of oil (bpd) once completed in 2010 or 2011.
...