Germany to grow involvement in
Nigerian LNG
 |
| Goodluck & Merkel |
Germany will increase its
involvement in Nigeria's
liquefied natural gas (LNG) industry, Chancellor Angela Merkel said on
Thursday, as Africa's most populous nation
looks to take advantage of its vast gas reserves.
Nigeria, with the world's
eighth-largest gas reserves, has one of the world's biggest LNG plants on Bonny Island
in the onshore wetland creeks of the Niger Delta.
But
crude oil production has been the government's focus and much of the country's
gas reserves are untapped.
Nigeria's long delayed Brass LNG
project reopened bids for engineering, procurement and construction contracts
this week. Brass LNG shareholders include energy firms Eni , ConocoPhillips and
Total .
"Our
effort is to intensify cooperation with respect to liquefied natural gas ...
technical and development cooperation are areas we intend to do more,"
said Merkel, speaking at a joint media conference with President Goodluck
Jonathan as part of a state visit.
The
German government announced plans in May to keep offline permanently eight
nuclear power plants, which contribute around 40 percent of its nuclear
capacity, and to shut all remaining plants by 2022 -- a move that will increase
its demand for gas.
REUTERS
+ point for me.
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