Nigeria’s Riverside LNG Nears Milestone Gas Supply Agreement with South Africa

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Riverside LNG, based in Nigeria, is currently in discussions to supply gas to South Africa, marking the first-ever such agreement between the two nations.

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Following a gas-export partnership with Johannes Schuetze Energy Import AG of Germany earlier this year, Riverside LNG is actively seeking deals across the continent, according to CEO David Ige.

While details of the talks with South African counterparts remain confidential, the company is also exploring opportunities in Liberia and Cameroon.

Ige anticipates closing a deal with South Africa early in the coming year, highlighting the evolving gas market in the region.

The move aligns with South Africa’s efforts to address chronic power outages, considering renewable sources and a plan endorsed by the Southern African Development Community for a $17 billion natural gas infrastructure initiative.

Gbenga Samson
Gbenga Samsonhttp://ThisDayLive.com
Samson Gbenga Salau [Editorial Board Adviser] Gbenga Samuel Salau is a professional journalist with over 17 years experience in journalism, he is a graduate of Communication and Language Arts, University of Ibadan. On completion of his youth service, he joined The Guardian as a freelance journalist and was later absorbed as a staff. While in the University, he was a campus journalist reporting for the Independence Hall and Faculty of Arts Press Clubs. As a campus journalist, he won the following awards; Independence Hall Press Best News writer; University of Ibadan Union of Campus Journalists’ Best News Reporter/Writer; First Runner-up, Reuben Abati Award for Investigative Journalism; Association of Faculty of Arts Students’ Press Best Reporter; University of Ibadan Union of Campus Journalists’ Best Political Writer; Winner, Reuben Abati Award for Investigative Journalism, and University of Ibadan Union of Campus Journalists’ Best Interviewer. He served the Association of Communication and Language Arts Students, as the Public Relation Officer, the same year he was appointed the News Editor of the Association of Faculty of Arts Students Press. The following session, he was made the General Editor, and a member of the 13-man University of Ibadan Students’ Union Transition Committee. As a reporter in The Guardian, in 2014, he won the Promasidor Quill Award Best Report on Nutrition and DAME Business Reporting category. In the 2015 edition of the Promasidor Quill Award, he won the best Report on Nutrition and Brand Advocate Categories, while in 2016, he won the NMMA Print Journalist of the Year, first runner-up Golden Pen Reporter of the Year and SERAs CSR Awards. Gbenga Salau loves traveling, reading, and listening to songs with good lyrics no matter the genre.

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