Business Experts Urge FG To Explore Shale Oil, Gas Production - Nigerian Observer

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Some stakeholders in the Nigerian petroleum industry have called on the Federal Government to reposition the nation’s oil and gas industry towards achieving high shale gas production.

Shale gas is natural gas that is found trapped within shale formations in rocks.

Shale gas has become an important source of natural gas in the U.S.

The stakeholders told newsmen in Lagos that the call was in view of the increasing use of shale gas, especially by the U.S.

Mr. Alex Simon, Chief Coordinator, Prime-X Energy Ltd., Lagos, said that the recent call by OPEC to members not to ignore shale gas production also necessitated the call.

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Source: Nigerian Observer

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