SHELL CEO: WORLD ‘DESPERATELY NEEDS’ ALASKA OIL
Article by Demid Getik published 22 May 2015 by nltimes.nl
SHELL CEO: WORLD “DESPERATELY NEEDS” ALASKA OIL
Alaska has large potential oil reserves that the world is going to demand in the future, Shell CEO Dick Benschop told AD. Oil in the region is increasingly difficult to recover, however, the company’s technological potential fits the challenge.
There is an increasing need in the new sources of oil, said Benschop explaining the company’s decision to come to the state. “Annually, 4 percent of world supplies are consumed. We should therefore continue to invest in new supplies,” he said. “Alaska plays an important role in this.”
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