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NIGERIAN OIL HOPE MIGERIA'S future oil prospects are

16th August 1957, Page 38
16th August 1957
Page 38
Page 38, 16th August 1957 — NIGERIAN OIL HOPE MIGERIA'S future oil prospects are
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Which of the following most accurately describes the problem?

Keywords : Royal Dutch Shell, Shell Oil Company, Niger River Delta, Environmental Disasters, Opec, Business / Finance

1 "very hopeful," and although production has not yet reached a commercial level, it is much nearer than seemed possible before the first really encouraging discovery was made, in February, 1956, at Oloibiri.

This has been staled by Mr. H. Bridges, general manager of Shell-B.P. Petroleum Development Co. of Nigeria, Ltd. He expects that the first tanker load of about 9,000 tons of oil will be shipped from Port Harcourt next January.

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People: H. Bridges