Germany wants Nigeria’s Liquefied Natural Gas

Germany wants Nigeria’s Liquefied Natural Gas

Nigeria’s quest to expand its Liquefied Natural Gas (LNG) market into Europe received a major boost yesterday as a visiting German trade delegation indicated the country’s desire for gas supply from the country.

Leading a large contingent of German business concerns on a visit to the Minister of State for Petroleum Resources, Dr. IbeKachikwu at the NNPC Towers, Vice Minister for Economic Affairs & Energy and Member of the German Parliament, Mr. Uwe Beckmeyer, said the country was seeking development of business relationship to accelerate the supply of LNG especially in the country’s ship building industry.

According to Beckmeyer, Nigeria’s LNG would come in handy as the country and other European industrial powers seek to cut down drastically on carbon dioxide (C02) emissions arising from heavy industrial operations since LNG is far friendlier to the environment.

“We have a lot of interest in LNG and I think this is one special thing we should develop in the next few years. I think there is increasing demand in Europe especially as we seek to reduce emissions. It is useful for both sides to develop this special business relationship,” the German Vice-Minister stated.

In a related development, a Nigerian firm and Germany company have struck an energy partnership towards the construction of a 125 megawatts solar power plant in Kankia, Katsina State.

https://www.ngrguardiannews.com/2016/02/germany-wants-nigerias-liquefied-natural-gas/