The Shell Petroleum Development Company of Nigeria Ltd, SPDC, has urged the Federal Government to tackle crude oil theft and illegal refining to safeguard the nation’s resources and protect the environment.
The Managing Director of Shell Companies in Nigeria, Osagie Okunbor, gave this advice at the opening of the 42nd Annual International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists, NAPE, in Lagos.
Represented by the SPDC’s Exploration Manager, Gogo Eneyok, he explained that for other efforts and investments to achieve the desired results, the government had to improve the regulatory environment with continuous improvement in the provisions in the Petroleum Industry Act.
“The menace of crude theft and illegal refining must also be tackled to safeguard the nation’s resources and protect the environment,” he stated.
The company further said that it would continue to power progress in the drive for energy security in Nigeria through its businesses in the upstream, midstream, downstream and renewable sectors.
“Shell, working with government, regulators and stakeholders, is actively participating in finding a pathway through the energy trilemma. We are focused on generating maximum value and cash to power the country,” Okunbor said.