EU Plans Increased Gas Supply From Nigeria

  • EU ambassadors pay a courtesy visit to the management of NNPC Ltd.
  • The European Union intends to enhance its partnership with Nigeria on gas supply.

The European Union (EU) ambassadors in Nigeria yesterday met with the management of the Nigerian National Petroleum Company (NNPC) Ltd on enhancing its partnership with Nigeria in the energy sector.

During the visit, the EU ambassador in Nigeria, Samuel Isopi, noted that due to the current geopolitical situation in Europe, the continent was interested in strengthening its cooperation with Nigeria, mainly increasing the supply of Liquified Natural Gas (LNG).

“Nigeria is the fourth gas supplier to Europe. At least 40 per cent 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 working with you are from Europe. So we share the same interests and objectives,” Ambassador Isopi added.

In response, the General Managing Director, Chief Executive Officer, NNPC Ltd, Mallam Mele Kyari, assured the EU delegates that the Company would continue to deepen its historical relationship with EU companies in Nigeria to add more value to its business, particularly towards increasing gas supply to the global market and enhancing domestic gas utilisation.

Other diplomats from the European delegation on the visit were: the ambassador of Portugal, Luis Barros; ambassador of Spain, Juan Sell; ambassador of Italy, Stefano De Leo and deputy head of mission (France), Olivier Chatelais.

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