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Home»General News»Russia-Ukraine War: EU seeks increased supply of Nigeria’s Liquefied Natural Gas
General News

Russia-Ukraine War: EU seeks increased supply of Nigeria’s Liquefied Natural Gas

NewsdeskBy NewsdeskApril 11, 2022Updated:April 12, 2022No Comments2 Mins Read
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Following the intense war between Russia and Ukraine, which has affected gas supplies, the European Union (EU) has sought increased supply of Nigeria’s Liquefied Natural Gas (LNG).

A statement by the Nigeria National Petroleum Company (NNPC) spokesperson, Garba Deen Mohammed on Tuesday, said the EU Ambassador in Nigeria, Samuela Isopi said as a result of the current geopolitical situation in Europe, the continent was interested in strengthening its cooperation with Nigeria particularly in the area of possible increase in the supplies of Liquefied Natural Gas LNG).

“Nigeria is the fourth gas supplier to Europe. At least 40% of the Nigerian LNG is currently exported to Europe. We are not only major clients for Nigeria, we are also major partners in the Oil & Gas Sector because some of the companies that are working with you are from Europe. So we share the same interest and same objectives.”

Reacting, the Group Managing Director of the NNPC Ltd, Mele Kyari assured the European delegation that the Company would continue to deepen its historical relationship with EU companies in Nigeria in order to add more value to its business, particularly towards increasing gas supply to the global market and enhancing domestic gas utilisation.

Diplomats on the delegation were Ambassador of Portugal, Luis Barros; Ambassador of Spain, Juan Sell; Ambassador of Italy, Stefano De Leo and Deputy Head of Mission (France), Olivier Chatelais.

EU Liquefied Natural Gas NNPC Supply
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