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.
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