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EU Seeks Stronger Ties with Nigeria’s LNG Industry to Address Gas Supply Gap

The European Union (EU) is keen on strengthening its diplomatic ties with reliable Liquefied Natural Gas (LNG) partners like Nigeria to address the gas supply gap caused by the Russia-Ukraine conflict. Ms. Kadri Simson, the EU’s Commissioner for Energy in Nigeria, emphasized the need for short-term collaboration during her visit to the Nigeria Liquefied Natural Gas (NLNG) Limited’s facility on Bonny Island, Rivers State.

Simson highlighted that Nigeria exported 9.4 billion cubic meters (bcm) of LNG to Europe in 2022, illustrating the country’s role as a dependable LNG supplier. She stated that there is potential to enhance Nigeria’s gas supply to Europe in the coming years.

She mentioned, “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. This helps us to bridge part of the gap left by former Russian imports while we gradually transition away from fossil fuels. Nigeria has proven to be a reliable partner, and last year, 9.4 bcm of LNG was exported from Nigeria to the E.U. But there is potential to do more – in particular between now and 2027.”

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The Managing Director and Chief Executive Officer of NLNG, Dr. Philip Mshelbila, expressed that Nigeria’s Decade of Gas Policy would contribute to global energy security. He emphasized that the ambitious plan aimed to harness Nigeria’s abundant gas resources and ensure a reliable global supply of gas as a clean energy source.

Mshelbila outlined that addressing the challenges in the gas sector required collective efforts, with stakeholders’ determination and prompt action. He stressed that Nigeria has significant potential as the sixth nation with the largest natural gas reserves and emphasized the importance of making the gas sector work.

He noted that investment in Nigeria’s gas sector would have a significant impact on the global gas and LNG supply landscape, providing reliable and environmentally friendly energy during the ongoing energy transition.

Mshelbila also informed the EU delegation that the ongoing Train 7 project at NLNG was approximately 50% complete and would increase NLNG’s production capacity to 30 million Tonnes Per Annum (MTPA) once finished. Additionally, NLNG is planning to decarbonize and is considering further expansion with more trains to advance the gas sector.

The EU delegation was received by Mshelbila, alongside NLNG’s management staff.

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