Germany signals interest in Nigeria’s LNG

Thursday, February 11, 2016 5:25 pm

Beckmeyer speaks during the visit to Kachikwu

Germany’s Vice Minister for Economic Affairs and Energy, Mr Uwe Beckmeyer has expressed his country’s interest in Nigeria’s liquified gas.

Beckmeyer who is also a member of the German parliament gave the indication at a meeting today with Nigeria’s Minister of State for Petroleum, Dr. Ibe Kachikwu at the NNPC Towers.

Beckmeyer was at the head of a large delegation of German businessmen.

According to him, Nigeria’s LNG would come in handy as the country and other European industrial powers seek to cut down drastically on Carbon dioxide (C02) emissions arising from heavy industrial operations since LNG is far friendlier to the environment.

It’s a deal: Kachikwu and Beckmeyer

“We have a lot of interest in LNG and I think this is one special thing we should develop in the next few years. I think there is increasing demand in Europe especially as we seek to reduce emissions. It is useful for both sides to develop this special business relationship,’’ the German Vice-Minister stated.

Welcoming the delegation, Dr. Kachikwu said that the oil and gas industry was ready to embrace the interest for improved business relationship expressed by the German trade delegation noting that the Federal Government is working assiduously with other relevant stakeholders to ensure activation of LNG Trains 7 which would help accommodate potential off-takers from new markets.