Shell Heading Toward Stormy Waters in Nigeria

In the next few days, British Dutch oil and gas major Shell could be faced with increased problems. Nigeria, Shell


Some days ago, Van der Veer said he is prepared to discuss all issues pending, such as renewed contract discussions, the gas flaring issue and possible new investment schemes. Analysts, however, think both leaders will also discuss the growing unease Shell and others are feeling about the unwillingness of the Nigerian government to deal effectively with the Niger Delta uprising, which has resulted in the shutdown of more than 450,000 bpd of crude oil.

The latter not only threatens the future of Nigeria as main producer in the region, but also costs the oil and gas operators billions of dollars. In a move to regain the overhand in the conflict, oil and gas companies have asked the Yar