Extracts from a International Business Times article by Meagan Clark published 20 May 2014
Netherlands-based oil giant Royal Dutch Shell told investors in the Hague on Tuesday that the company considers climate change in its decisions and that its efforts to reduce natural gas flaring in Nigeria, a main cause of pollution in West Africa, are being hindered by a lack of government funding. “We’ve sold assets for $1.8 billion in the last few years, and we have further licenses for sale,” van Beurden said. “This is not an exit from Nigeria. We are still making selected growth investment onshore, and the pace of these projects will be largely determined by continued government funding.”
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