Business is booming.

Shell reiterates commitment to help Nigeria meet carbon emissions target

By Bisola Adeyemo

Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Mrs. Eloho Aiboni, has disclosed plans to expand its domestic gas delivery network while building capability and relevant skills in the upstream towards energy transition.

Speaking on Tuesday in Lagos at the opening session of the 2022 edition of the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC), Aiboni reiterated its commitment to support Nigeria meet its lower carbon emission target.

Aiboni who spoke through her representative, Shell’s General Manager Business Relations, Mr. Bashir Bello, said this would be part of her and the company’s efforts to help to lower CO2 emissions in Nigeria, world stage news reports.

“Apart from this being the right thing to do, it is also good for our business in Nigeria.”

She said, “Shell companies in Nigeria are contributing to meeting this aggressive target by driving operational excellence of our existing assets, generating maximum value to secure and fund our growth and energy transition activities, and driving alternative energy solutions through the Shell-seeded impact investing company, All-On.”

While describing the Shell’s gas infrastructure project in Aba, Aiboni, said Abia State as one of the many contributions Shell is making to boost industrialisation through the use of gas while helping to cut down on carbon emission.

“Our provision of access to cleaner and stable source of energy, through our gas pipelines, provides electricity to the popular Ariaria International Market in Aba which has over 37,000 shops and an estimated one million traders,”Aiboni said.

She therefore reiterated on her commitment in supporting the Paris Agreement’s aim to limit global warming to 1.5 degrees Celsius.

“We also are working hard to help those who use our products to reduce their own emission.”

According to Aiboni, about 80 metric tonnes of Shell’s global CO2 emission in 2019 for instance, came from its direct and indirect operations compared to over 1,500 metric tonnes of CO2 from Shell’s customers’ use of the company’s products. “The opportunities lie, therefore, in more environmentally friendly energy products and alternative energy sources including solar and hydrogen.”

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