After the discussions between Buhari and van Beurden, Minister of State for Petroleum Resources, Ibe Kachikwu, sent a letter to the Group Managing Director (GMD) of Nigeria’s state-owned oil company NNPC, Mikanti Baru, instructing the corporation and the Anglo-Dutch oil company to conclude arrangements for the start of the project.
BY SAHARA REPORTERS, NEW YORK JUN 20, 2018
After years of delay, Shell has received approval to begin the Bonga Southwest project, following discussions held in London between its CEO Ben Van Beurden and Nigeria’s President Muhammadu Buhari.
The project, which was first scheduled for completion in 2014, is expected to add 225,000 barrels per day to Nigeria’s present production average of 1.8-2.00 million bpd.
After the discussions between Buhari and van Beurden, Minister of State for Petroleum Resources, Ibe Kachikwu, sent a letter to the Group Managing Director (GMD) of Nigeria’s state-owned oil company NNPC, Mikanti Baru, instructing the corporation and the Anglo-Dutch oil company to conclude arrangements for the start of the project.