Globalinterdependence - Shell Nigeria Flashcards
How many miles of oil pipeline run through Nigeria?
2500
How much money does oil contribute to the Nigerian government?
£1.1 bn in taxes and royalties
How many barrels of oil are extracted daily?
572,000
How many people does Shell employ in Nigeria?
6000
What % of Shell in Nigeria contract are awarded to Nigerian companies?
94%
Where are Shells headquarters?
The Hague, Holland
Why was the choice of location for their headquarters criticised?
The Netherlands has traditionally behaved pragmatically towards the kinds of tax relief claimed by the country
Why is being based in the Netherlands beneficial for Shell?
Allows easy access to EU markets
How much of Nigerias Petroleum does Shell account for?
21%
How many. Nigerian oil fields to shell operate in?
More than 80
How much did shell contribute the Niger Delta development commission?
$1.9 bn since 2002
How much did shell contribute to social investment funds for community driven projects?
$228 million
Why is Shell being based in Nigeria beneficial?
Jobs created
Economy of country improves their exports.
Development through money, donated/given
Develops trade relationships
What is social event happened in the 1990s?
Tensions rose between shell and Ogoni, people of the Niger, Delta
Why were there tensions between Shell and the Ogoni people?
Because locals felt that they were getting very little money from the oil on their land and environmental damage was ruining it