EU mulls gas investment in Nigeria to accelerate energy transition | TheCable

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The European Union (EU) has expressed interest in funding gas projects in Nigeria for guaranteed energy security in Africa and Europe. Matthew Baldwim, deputy director-general, EU Energy Platform Task-Force, said

July 22, 2022 11:05 PM

Matthew Baldwim, deputy director-general, EU Energy Platform Task-Force, said this on Friday when he led a delegation to visit to Timipre Sylva, minister of state for petroleum resources, in Abuja.Baldwim, stating the EU’s commitment to making gas projects a reality, expressed optimism for a sustainable partnership for energy transition in Nigeria.“I am very pleased to be working with you in a big way.

He described the assistance which covered security, technology development, financing, and private sector investment as worthwhile because, finally, it would enable Nigeria to be on the same page with the rest of the world.Sylva added that in years to come, fossil fuel would be very relevant while gas would be used as a transition fuel.

“We are discussing with the EU on how to collaborate on developing technology and other support they can give Nigeria.Sylva said the delegation visited the Niger Delta region to assess the security situation and as such, marked it as another area of cooperation.The minister said the region would be secured for oil and gas investments to thrive, while the production quota would be shored up.

 

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EUinNigeria FMPRng HETimipreSylva The are coming again, always thief from us, nothing we benefits from them. SUPPORTING THE EVIL OF THE CALIPHATE AND BOYS SCARED OF PUTIN, IF IS AFRICAN U GUYS WILL CHEW US LIKE GUN. EVIL PEOPLE

EUinNigeria FMPRng HETimipreSylva Dear EU, with the lingering crisis in the SE where the gas is located, your investment will not be safe.

EUinNigeria FMPRng HETimipreSylva Audio investment

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