News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Coal, Oil & Gas Nigeria

Subscribe & Follow

Advertise your job vacancies
    Search jobs

    Nigeria to send more LNG to Europe by next winter

    Nigeria will be able to send more liquefied natural gas (LNG) to Europe by next winter, oil minister Timipre Sylva said on Wednesday, 7 September, at the Gastech conference in Milan.
    Nigeria's minister of state for petroleum resources, Timipre Sylva. Source: Reuters/Ahmed Yosri
    Nigeria's minister of state for petroleum resources, Timipre Sylva. Source: Reuters/Ahmed Yosri

    As Europe seeks alternatives to dwindling supplies of Russian gas, the minister said that security issues are delaying deliveries of more gas at the moment but Nigeria will build a pipeline of Nigerian gas through Algeria to Europe.

    Nigeria will soon take the final decision over the investment to build the infrastructure, the minister said, adding that the project is likely to cost more than $10bn.

    The Nigerian and Algerian state oil companies will be involved, Sylva said, adding that other private investors have also shown interest.

    Italian energy group Eni may also be involved in the project, he said without elaborating.

    "Everybody is welcome," he added.

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/
    Let's do Biz