Nigeria has a unique opportunity to become a dominant player in the global Liquefied Natural Gas (LNG) market, but urgent reforms and technological advancements are needed to realize this potential.
This was the central theme at an energy stakeholders’ meeting held in Lagos, where industry leaders, policymakers, and international partners gathered to discuss Nigeria’s role in the evolving global energy landscape.
In his address, Aderemi highlighted the shifting dynamics of the global LNG market, particularly in light of the ongoing Ukraine-Russia conflict.
He said with the European Union (EU) planning to eliminate LNG imports from Russia by 2030, new suppliers are urgently needed, and Nigeria is well-positioned to step in.
“Over the past 20 years, Nigeria has earned approximately $21 billion from LNG exports.
Read more at Newtelegraphng
This was the central theme at an energy stakeholders’ meeting held in Lagos, where industry leaders, policymakers, and international partners gathered to discuss Nigeria’s role in the evolving global energy landscape.
In his address, Aderemi highlighted the shifting dynamics of the global LNG market, particularly in light of the ongoing Ukraine-Russia conflict.
He said with the European Union (EU) planning to eliminate LNG imports from Russia by 2030, new suppliers are urgently needed, and Nigeria is well-positioned to step in.
“Over the past 20 years, Nigeria has earned approximately $21 billion from LNG exports.
Read more at Newtelegraphng