BREAKING NEWS
Breaking

728x90

468x60

Nigeria to commence gas supply to South Africa in 2024

 


Nigeria has announced it will commence gas supply to South Africa in the first quarter of 2024.

 

David Ige, the Executive of Riverside LNG, a Nigerian-based energy company, disclosed this in a recent interview in Abuja.

 

According to him, both nations have kick-started discussions of serious energy collaboration.

 

Earlier this year, Riverside LNG entered into a gas-export partnership agreement with Johannes Schuetze Energy Import AG of Germany.

 

“We’d probably close out another segment of the market very early in the year, an off-take for South Africa.

 

“There’s a massively evolving gas market in the region, around 3,000 nautical miles of Nigeria. So that covers southern Africa, western Africa, all to northwest Europe and the Caribbean and South America broadly”, he said.

 

According to the Nigerian National Petroleum Company Limited, Nigeria has 202 trillion cubic feet (tcf) of untapped proven gas reserves.

Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

No comments

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com