Showing posts with label Shale Oil Not. Show all posts
Showing posts with label Shale Oil Not. Show all posts

Thursday, June 5, 2014

Shale Oil Not a Threat to Nigeria





Contrary to general concern, George Osahon, director, department of petroleum resources, says the discovery of Shale oil in the US and other countries won’t affect Nigerian oil



GEORGE Osahon, director of department of petroleum resources, DPR, has dismissed the concerns that the discovery of shale gas by some countries would affect the export of Nigeria’s conventional gas. Instead, he opined that the new discovery would rather stimulate competition among oil and gas exporting countries. Osahon, who was speaking in Abuja recently, said the discovery of shale gas would help countries to employ relevant technology to identify their competitive advantages over other countries.

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