• Home
  • Business
  • Shell unveils new energy business line in Nigeria
Image

Shell unveils new energy business line in Nigeria

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.

It said the new business line, Shell Energy Nigeria, would build on the success of Shell Nigeria Gas by delivering competitive and reliable energy for power generation and industrial users and to develop gas distribution to serve people in new regions.

The General Manager for Shell Energy Nigeria, Markus Hector, said “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.”

According to a statement, 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.

It said the new business would draw on the capabilities and experience of Shell Energy, offering a comprehensive selection of energy solutions available from a single supplier and made possible by one of the industry’s largest trading operations.

The Country Chair of Shell companies in Nigeria, Osagie Okunbor, said, “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.”

Related Posts

Henos Energy launches first drive-thru LPG outlet in Ghana

Henos Energy has officially commissioned Ghana’s first Drive-Thru Cylinder Distribution Outlet (CDO) at East Legon Hills in Accra,…

Coronation Insurance concludes year-long recapitalisation under new Insurance Act

Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements under the…

CIC Insurance launches new CIC Impact

-To target Kenya’s microinsurance market CIC Insurance Group has officially launched CIC Impact, a specialized microinsurance subsidiary aimed…

Africa50 Appoints Djalal Khimdjee as new CEO, Principal Investment Fund

Africa50, the pan-African infrastructure investment platform, has appointed Djalal Khimdjee as Chief Executive Officer of its Africa50 Principal Investment Fund (formerly Africa50…