Shell Petroleum Development Company (SPDC) recently released a statement exonerating itself from the continuous non-diversion of natural gas from the deep-water Bonga oilfield to the domestic market whilst blaming the foregoing on third parties. The Company categorically stated that it has largely concluded its technical scope of the Bonga diversion project initiated to supply 120 million standard cubic feet of gas per day, an equivalent of 650 megawatts of electricity into the domestic market. The Company also clarified that the delays in the execution of some of SPDCs key gas projects aimed at delivering 2,000 megawatts of electricity into the national grid was mainly due to the divestments of its acreages to indigenous players who continued to supply gas from those fields into the domestic market.
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