Nigeria has revealed plans to begin supplying gas to South Africa by the first quarter of 2024.
David Ige, the Executive of Riverside LNG, a Nigerian energy company, shared this development in a recent interview held in Abuja.
He highlighted the ongoing discussions between the two nations aimed at fostering substantial energy collaboration.
Notably, Riverside LNG had earlier in the year forged a gas-export partnership agreement with Johannes Schuetze Energy Import AG of Germany.
“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.
According to the Nigerian National Petroleum Company Limited, Nigeria has 202 trillion cubic feet (tcf) of untapped proven gas reserves.
