The country’s quest to expand its Liquefied Natural Gas market into Europe received a major boost on Thursday as a visiting German trade delegation indicated desire to get gas from Nigeria.
Leading a large contingent of German business concerns on a visit to the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, at the headquarters of the Nigerian National Petroleum Corporation, the Vice Minister for Economic Affairs/Energy and member of the German Parliament, Mr. Uwe Beckmeyer, said the country was seeking development of business relationship with Nigeria to accelerate the supply of LNG, especially to his country’s shipbuilding industry.
Beckmeyer, according to a statement from the NNPC, said Nigeria’s LNG would come in handy as the country and other European industrial powers were seeking to cut down drastically on carbon dioxide emissions arising from heavy industrial operations since LNG was 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 relationship,” he said.
