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    Reuters: Shell to Focus Future Investment in Nigeria on Gas - Nigeria MD

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Summary

Shell has said that it will invest solely in domestic gas in Nigeria while constraining its onshore oil production

by: Erica Mills

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Press Notes, Africa

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Reuters: Shell to Focus Future Investment in Nigeria on Gas - Nigeria MD

Shell will focus its future investments in Nigeria on natural gas for domestic consumption and export, the managing director of the oil major's joint venture in the country said on Wednesday.

"Our strategy is to invest a lot more in gas, for domestic consumption and export. We want to grow our deep water and constrain our onshore oil production," Osagie Okunbor told reporters in Port Harcourt, the country's oil hub.

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