EU Seeks Closer LNG Ties With Nigeria To Fill Russia-Ukraine Supply Gap

October 23, 2023

The European Union (EU) is eyeing stronger diplomatic relations with Nigeria as a reliable liquefied natural gas (LNG) partner to address the gas supply gap caused by the Russia-Ukraine War.

During a visit to the Nigeria Liquefied Natural Gas (NLNG) plant, EU’s Commissioner for Energy in Nigeria, Ms. Kadri Simson, expressed the urgency, stating, “EU is accelerating its energy transition, but we also have a need to reinforce our ties with reliable LNG partners like Nigeria in the short-term horizon.”

Join our WhatsApp Channel

Nigeria, having exported 9.4 billion cubic meters of LNG to Europe in 2022, plays a pivotal role in this plan.

Dr. Philip Mshelbila, NLNG’s Managing Director and CEO, emphasized Nigeria’s Decade of Gas Policy, aiming to harness its vast gas resources for global energy security. Mshelbila pointed out that this plan would also aid the transition to cleaner energy sources and drive economic prosperity while addressing environmental challenges.

The ongoing Train 7 project, approximately 50% complete, will boost NLNG’s production capacity to 30 million Tonnes Per Annum (MTPA) upon completion.

Furthermore, NLNG envisions future expansion to further advance the gas sector, ensuring reliable and environmental sound energy during the energy transition.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Gaza Conflict Update: Death Tops 5,000
Previous Story

Hamas-Israel Conflict Update: Death Toll Tops 5,000

Nigerian Youth Running Away From Insurance Industry - Tony Elumelu
Next Story

Nigerian Youths Running Away From Insurance Industry – Tony Elumelu

Featured Stories

Latest from Business

Nigeria’s New Tax Law: Why Doubts Are Growing 

Prosper Okoye Nigeria’s new tax laws were meant to clear confusion from the country’s complex tax system. Instead, they have created a different kind of uncertainty — about whether the laws being prepared for implementation are exactly what the National Assembly passed.
Gaza Conflict Update: Death Tops 5,000
Previous Story

Hamas-Israel Conflict Update: Death Toll Tops 5,000

Nigerian Youth Running Away From Insurance Industry - Tony Elumelu
Next Story

Nigerian Youths Running Away From Insurance Industry – Tony Elumelu

Don't Miss

Stock Market Cap Increases By N110.77bn As ASI Rises 0.12%

A 0.12 percent increase in the all-share index (ASI) of
Human Rights Group Urges Prosecution Of Umar-Farouk Amid Alleged N37 Billion Ministry Fraud

37bn Fraud: ‘I’m Ready To Defend My Action’ – Ex-Humanitarian Affairs Minister

A former Minister of Humanitarian Affairs, Disaster Management, and Social