Riverside LNG, a Nigerian-based energy company, said there are ongoing discussions on a potential agreement to supply gas to South Africa from the first quarter of 2024.
Gatekeepers News reports that the company, early this year, entered into a gas-export partnership agreement with Johannes Schuetze Energy Import AG of Germany.
The CEO, David Ige, in an interview held in Abuja, expressed the company’s current pursuit of new deals on the continent.
“We’d probably very early in the year close out another segment of the market, an off-take for South Africa,” he said.
“There’s a massively evolving gas market in the region, anything around 3,000 nautical miles of Nigeria. So that covers southern Africa, western Africa, all to northwest Europe and to the Caribbean and South America broadly,” Ige told reporters in Abuja.
He however did not disclose further information about discussions with South African counterparts, citing confidentiality clauses.
Similarly, the company is actively investigating potential opportunities in Liberia and Cameroon.
