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By Tsvetana Paraskova – Dec 07, 2017, 11:00 AM CST
Nigeria’s lack of infrastructure is hampering the transportation of gas to power plants, and six plants are currently sitting idle in the country because they lack gas, according to Shell’s Nigerian unit, Shell Petroleum Development Company (SPDC).
“The reason is because we have about six power plants in this country that are standing idle that are not getting gas. The reason why they are not getting gas, even though we are flaring 800million scuf per day is that we don’t have enough pipelines to deliver the gas to the power plants,” SPDC Senior Commercial Adviser, Upstream Gas, Emmanuel Anyaeto, said at a gas forum.
Gas producers in Nigeria are owed some US$500 million, mostly by power companies, Anyaeto said, adding that the power companies in turn are also owed huge sums, mostly by the Nigerian federal government.
The lagging payments to producers, as well as regulatory issues and tariffs, have severed the gas value chain in Nigeria, according to Anyaeto.
“The amount of investments needed to get two billion standard cubit feet, SCF, is about $6 billion —both plant, pipeline network and infrastructure. What people do not understand is that the way the gas business works, the problem is not with the investment,” Shell’s manager said.
Related: Analysts Raise 2018 Oil Price Forecasts After OPEC Deal
There are producers to make the investment, but the question is whether consumers will pay, he added.
“If the power sector can work in a way where the consumer pays, and from what it pays, every other person in the value change is paid, and then these things would work,” Anyaeto said.
The broken value chain is one of the reasons why Nigerian power plants sit idle because they lack gas, while the country flares 800 million standard cubic feet of gas per day, according to Shell Nigeria’s executive.
By Tsvetana Paraskova for Oilprice.com
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































