NIGERIA exports 40% of its OIL to Europe . Europe DEMANDS more amid RUSSIA-UKRAINE WAR

RUDY RAYYY MO

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Filthy CACS ask nicely

European Union ambassadors on Monday said at least 40 per cent of Nigeria’s Liquefied Natural Gas was exported to Europe, as they called for greater cooperation between Nigeria and the EU in the area of a possible increase in LNG supplies.

The EU Ambassador to Nigeria, Samuela Isopi, who spoke on behalf of the group, stated that the current geopolitical situation in Europe had made it necessary for the continent to strengthen its relations with Nigeria, particularly as regards the supply of gas from Nigeria to EU countries.

Isopi disclosed this when the EU ambassadors paid a courtesy call on the Nigerian National Petroleum Company Limited, seeking to strengthen the EU’s partnership with Nigeria in the energy sector, according to a statement issued in Abuja by NNPC.

The ambassador was quoted as saying, “Nigeria is the fourth gas supplier to Europe. At least 40 per cent of the Nigerian LNG is currently exported to Europe.

“We are not only major clients for Nigeria, we are also major partners in the oil and gas sector because some of the companies that are working with you are from Europe. So we share the same interest and objectives.”

The Group Managing Director, NNPC, Mele Kyari, assured the European delegation that the company would continue to deepen its historical relationship with EU companies in Nigeria.

This, he said, was in order to add more value to the NNPC’s business, particularly towards increasing gas supply to the global market and enhancing domestic gas utilisation.

 
Nigeria owns its oil, but like pure losers they do not refine their oil. So they send crude oil to Europe for Europe to sell it back to them at a higher price. I think Dangote is building a refinery in Nigeria which will make him unbelievably more wealthy.
he is done. kudos to him.
 
Nigerians are so smart, they’ve seen what Britain did the Caribbean and Indian folks and are signing up to be similarly used.
 
Nigeria owns its oil, but like pure losers they do not refine their oil. So they send crude oil to Europe for Europe to sell it back to them at a higher price. I think Dangote is building a refinery in Nigeria which will make him unbelievably more wealthy.

Per the article, The refinery will produce 650,000 barrels of crude oil a day
 
Yes, best wishes to him. Unfortunately, he will be operating in Nigeria.
this is true, but i still have hope for him. i mean think about it. he's been around for a long time and managed to become the richest in the toughest environment. reading comments online, i see people keep saying that the money used to finance the project is laundered money. maybe. maybe not. either way, i think he will succeed.
 
this is true, but i still have hope for him. i mean think about it. he's been around for a long time and managed to become the richest in the toughest environment. reading comments online, i see people keep saying that the money used to finance the project is laundered money. maybe. maybe not. either way, i think he will succeed.
He's moderately legitimate. I hope that locally refined oil will bring some petrol price relief to Nigerians.
 
He's moderately legitimate. I hope that locally refined oil will bring some petrol price relief to Nigerians.
Nigeria doesn’t have a Net Zero Plan? Are you telling me they can’t slap a solar panel on every roof? They don’t have a hydropower plan either? Just oil?
 
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