Friday, May 22, 2015

CEO Shell Netherlands: Alaska drilling is badly needed – Financieele Dagblad (Registration)



Dick Benschop

HH

oil drilling in Alaska are controversial, but necessary. That says Dick Benschop, President of Shell Netherlands in the AD.

“Annual 4% of the world’s supply is used up. You should therefore continue to invest in new supplies. Alaska plays a major role in that. “

According Benschop the bores are not technically difficult. “It’s shallow water and the oil fields are not under great pressure. The risk of an accident is very small.

Retirement

Shell came again this week under fire over oil exploration in Alaska. The group will begin this summer with exploratory drilling. But after environmental groups also reverse some large shareholders to plan against.

According to pension funds ABP and PFZW it is unwise in the Northern Chukchi Sea in Alaska to oil drilling. The risks are too great, as ABP indicated, and that refers to the BP oil disaster in the Gulf of Mexico. That disaster is the company financially still not over.

The fund, which has invested € 1 billion in Shell, would rather see Shell focuses on alternative oil projects. For example, the oil and gas company with the recent acquisition of BG also gained access to oil and gas projects in Australia. ABP rather see Shell, these projects develop.

Benschop

Benschop indicates that drilling in Alaska still only exploratory in nature. Any extraction of oil at the earliest ten years at issue.

According to him, Shell unprecedented precautions “taken to To prevent damage, and the company can intervene quickly if problems arise. “If anything goes wrong, the oil spills can be cleaned up immediately.

LikeTweet

No comments:

Post a Comment