How will the coup in Niger affect Nigeria’s gas export ambitions? [Gas in Transition]
How will the coup in Niger affect Nigeria’s gas export ambitions? [Gas in Transition]
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Natural Gas News
How will the coup in Niger affect Nigeria’s gas export ambitions? [Gas in Transition]
Summary
The coup poses serious problems for backers of the Trans-Sahara Gas Pipeline scheme, and the project faced significant hurdles already. [Gas in Transition, Volume 3, Issue 8] by: Jennifer DeLay
Nigeria already supplies natural gas to Europe in the form of LNG, and it is one of the continent’s main outside sources of supply. Its national oil company, Nigerian National Petroleum Co. Ltd (NNPCL), is the largest single shareholder in the Nigerian LNG (NLNG) consortium, which has been operating since 1999. Last year, NLNG delivered around 13.2mn tonnes of LNG – 60% of its liquefaction plant’s total output, equivalent to 19.6bn m3 of gas – to Europe. These volumes, in turn, made up 14% of total European gas imports. That last figure has the potential to rise substantially over the next few years. Since the outbreak of war in Ukraine in February 2022, the EU and its executive arm, the European Commission (EC), have been showing strong interest in buying more Nigerian LNG to replace the volumes imported from Russia. Indeed, in July 2022, Matthew Baldwin, the deputy director-general of the EC’s energy department, said that Brussels would...
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