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Russia-Ukraine war: Nigeria ready to step in as alternative gas supplier to Europe, says Sylva
Timipre Sylva, minister of state for petroleum resources, says Nigeria is ready to offer its services as an alternative gas supplier to Europe.
He urged the European Union (EU) to increase investments in gas and hydrocarbons in Nigeria to be able to meet the bloc’s energy needs.
NAN reports that Sylva spoke when he received a delegation led by Samuela Isopi, EU’s ambassador to Nigeria and ECOWAS.
The minister’s call comes on the heels of the festering war between Ukraine and Russia, which threatens gas supply to European countries.
According to a statement issued on Saturday by Horatius Egua, his senior adviser on media and communications, Sylva asked the EU to encourage its oil and gas companies such as Shell, Eni, and Total Energies to scale up investments in the Nigerian gas sector.
“One of the things we warned against earlier was the speed with which the EU was taking away investments in fossil fuels,” he was quoted as saying.
“We warned that the speed was faster than they were developing renewable energy. You can see now that what we were warning against is what is happening now.”
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
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