
At the
International Press Institute* World Congress in Helsinki, Royal Dutch Shell Chairman Jorma Ollila responded to a question from an Nigerian delegate about gas flaring at its oil refineries in Nigeria.
Nigerian asks question: Nothing was said by the chairman of Shell about the problem in Nigeria caused by Shell!
Jorma Ollila: I had thought the poverty issue had been well-addressed by my colleagues. The link between climate change and poverty is well known. In terms of an industrial company's footprint, during past decade, starting year in the 2000, all major corporations are taking this issue seriously. Their track record (needs to be more) transparent. Confirmed by independent bodies. Industry track record... More needs to be done at my company.
Concerning Nigeria. The gas flaring. Nigeria is the only country of more than a dozen in which Shell is operating where gas flaring is happening. For two reasons. First, funding. Second, security. Major areas where it is not possible to work and address some issues need to be addressed. The majority of those properties are owned by the national Nigerian oil company, and they have not been willing to do so. Shell is a minority shareholder -- 30 percent. We want the flaring stopped. It's expensive to stop the flaring. It requires an investment of billions. So the trade off is different.
Jotman live-blogged the entire panel discussion which mainly concerned climate change. See "
Technology and innovation: Climate change Rx?"
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* "The International Press Institute is a global network of editors, media executives and leading journalists . . . dedicated to the furtherance and safeguarding of press freedom, the protection of freedom of opinion and expression, the promotion of the free flow of news and information, and the improvement of the practices of journalism."