By Tom Burgis in Abuja
Published: February 23 2010 12:52
Royal Dutch Shells outgoing Africa chief on Tuesday delivered a blistering attack on Nigerias management of its vast oil and gas reserves but scotched rumours that the Anglo-Dutch group was looking to leave the country.
Echoing industry claims that planned legislation could deal a killer blow to investment in the fast-expanding deepwater sector, Ann Pickard, whose four-and-a-half-year tenure as Shells Africa boss ends in March, warned the continents biggest energy producer that it risked being eclipsed by its sub-Saharan African rivals.
Ms Pickard rebuffed recent speculation that Shell intended to terminate its 50-year relationship with Nigeria. Take it from me, Shell has no plans to pull out of Nigeria, she said.
FULL FT ARTICLE (SUBSCRIPTION)
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
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EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
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