Nigeria plans to initiate gas deliveries to South Africa in the first quarter of 2024, as stated by David Ige, the Executive of Riverside LNG, a Nigerian energy firm, during a recent interview in Abuja. He highlighted ongoing discussions between the two countries for significant energy cooperation.
Additionally, Riverside LNG previously established a gas-export partnership with Germany’s Johannes Schuetze Energy Import AG earlier this year.
“We’d probably close out another segment of the market very early in the year, an off-take for South Africa.
“There’s a massively evolving gas market in the region, around 3,000 nautical miles of Nigeria. So that covers southern Africa, western Africa, all to northwest Europe and the Caribbean and South America broadly”, he said.
As per the Nigerian National Petroleum Company Limited, Nigeria possesses untapped proven gas reserves amounting to 202 trillion cubic feet (tcf).
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