Chevron Restate Commitment to Nigeria and No Plan of Exit

Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL ,has reinstated it’s commitment to remain in Nigeria as there is no such plan to exit the country. Faulting the report that it intends to leave Nigeria

Esimaje Brikinn,spokesman of the multinational oil company,who clarified the position in a statement made available to Financial Energy Review, said the allegation was untrue and does not represent the position of Chevron in Nigeria.

He said his remains committed to sustaining the existing mutually beneficial and long-term relationship with Nigeria and other stakeholders as demonstrated by the company’s significant economic and social investments in Nigeria over the last six decades.

He added:”These investments have generated visible and viable socio-economic development in several communities across Nigeria. CNL will, along with industry peers in Nigeria, continue to engage the government on policies and opportunities to ensure global competitiveness and sustainability of the petroleum industry”