Shell Nigeria Plc says it will assist the Nigerian government in providing electricity for millions of people, using renewables.
Renewable energy sources include solar, wind, water and other sources that are naturally replenished. Renewable energy is different from non-renewable energy sources like coal, oil, and natural gas, which are finite and cause pollution.
Shell said it would deploy renewables as off-grid energy source to Nigerians, especially in areas not connected to the national grid.
The Managing Director, Shell Petroleum Development Company of Nigeria Limited, and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, made this disclosure while speaking at a ministerial panel session on ‘Navigating the New Energy World Order: Security, Transition and Finance’, at the 7th Nigerian International Energy Summit in Abuja.
In a statement made available on Friday by the Media Relations Manager, Abimbola Essien-Nelson, the company said it would assist Nigeria in harnessing gas as its transition fuel.
Shell stated that Africa can unlock the potential of the energy sector and drive energy security, transition and economic prosperity by embracing partnerships, technological innovation and sustainable financing, saying it required “a holistic approach that addresses efficiencies in the development of conventional energy sources which Africa has abundance of, and will depend on for now and in the nearest future.”
Okunbor, who was represented by the Managing Director of Shell Nigeria Exploration and Production Company Limited, Mrs Elohor Aiboni, noted that international partnerships and collaborations could help in accessing best practices, advanced technologies and innovations to optimise operations and drive down emissions.
He cited the Oil and Gas Methane Partnership, which he said SPDC and SNEPCo have deployed to facilitate the monitoring and mitigation of methane emissions from their operations.
“Energy security, transition and finance are at the heart of the dilemma that the world and senior executives in the energy sector are grappling with,” he opined, stressing that secure and uninterrupted access to energy at affordable price was key for economic growth and development for every country, and more so for emerging economies like those in Africa
On Shell’s role in the development of the energy sector in Africa, Okunbor spoke of its “longstanding presence” in Nigeria, Egypt, Namibia, Ghana, South Africa and Tunisia among many other countries.
“He gave the example of Nigeria, where Shell is working closely with government, partners and other stakeholders, to help harness gas as a transition fuel, promote Nigerian content development and deploy renewables as an off-grid energy source for millions of households.
“By and large we are seeing significant progress in collaboration and more opportunities going forward,” Okunbor said.
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