TNC shell and Nigeria Flashcards
1
Q
what are 5 key facts of shell?
A
- 14 refineries
- 150 + oil tanks
- 8 million barrels per day of crude oil
- shells work in Nigeria produces more than 21%of all the countries total petroleum production
- 80 fields
2
Q
what are the links with other TNCs?
A
1907 it merged with the Royal clutch to become royal dutch shell
3
Q
what are shells main global activities?
A
the integrated gas segments manages liquified natural gas activities and the conservation of natural gas into gas to liquid fuels and other products.
4
Q
what are the advantages of shell?
A
- provides jobs in factories making supplies and services
- TNCs often have charities to help people
- they help countries develop, investing money and encouraging development
- they use local businesses to help run it contributing to the pos multiplier effect.
5
Q
what are the disadvantages of shell?
A
- farmers impacted by oil spills, made to move further afield.
- pollute environment
- accused of human rights abused and crimes against agony people in Nigeria
- 30,000 metric tonnes spilled into the Riga delta
- people could lose jobs without warning
6
Q
what is vertical integration?
A
a strategy that allows a company to streamline its operation by taking direct ownership of varies stages of its production process.
7
Q
what are 5 facts about the Nina deltas oil industry?
A
