Nigeria’s Energy Company, Riverside LNG To Supply Gas To South Africa

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A Nigerian energy company, Riverside LNG, said it is in discussion with an interest in South Africa exploring the possibility of supplying gas to that country from the first quarter of 2024.

This same Riverside LNG had earlier in the year entered into a gas-export partnership agreement with Johannes Schuetze Energy Import AG of Germany. CEO David Ige, in an interview held in Abuja, expressed the company’s current pursuit of new deals on the continent.

Supplying gas to South Africa would mark the first such deal between the two nations, showcasing potential collaboration in the energy sector.

“We’d probably very early in the year close out another segment of the market, an off-take for South Africa,

“There’s a massively evolving gas market in the region, anything around 3,000 nautical miles of Nigeria. So that covers southern Africa, western Africa, all to northwest Europe and to the Caribbean and South America broadly,” Ige told newsmen in Abuja.

He, however, did not divulge additional information about discussions with South African counterparts, citing confidentiality clauses. Additionally, the company is actively investigating potential opportunities

 

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