Shell invests US$4 billion to develop two oil and gas projects in Nigeria

Shell invests US$4 billion to develop two oil and gas projects in Nigeria

According to local media reports, Shell Nigeria recently reached an agreement with its partners on investing US$4 billion in developing two oil and gas projects in Nigeria. It is reported that the two projects are the Forcados-Yokri project and the associated natural gas collection project of Southern Swamp. After the completion of the two projects, the daily output is expected to reach 100,000 barrels and 85,000 barrels of crude oil respectively .

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