A Review of the Nigerian Energy Industry

Cote D’Ivoire, Sahara Energy strike deal on Nigeria’s gas

23 March 2015, Sweetcrude, Abuja –  Cote D’Ivoire says it is working on a relationship with Sahara Energy to facilitate import of liquefied natural gas, LNG, cargoes from Nigeria.
This is part of plans by the country to support its growing power needs.
LNG_FINIMAMaking the disclosure recently in Abuja, a director at the Ivorien Ministry of Energy, Kone Moussa,who was at the head of a delegation to Nigeria, said his country would be relying on structural diversion of LNG cargoes from Nigeria as a starter within the next few months to tackle the growing energy needs.
He said the working relationship with Sahara Energy would drive this process.
The Nigerian National Petroleum Corporation, NNPC, has announced plans by Cote D’ Ivoire to procure LNG supplies from Nigeria following the visit of the Ivorien delegation to its group managing director, Dr Joseph Dawha in Abuja.
Announcing this in a statement, Group General Manager, Group Public Affairs Department at the corporation, Mr. Ohi Alegbe, said the request from Nigeria’s fellow West African country is coming as Nigeria moves to seek broader frontiers for its Liquefied Natural Gas away from the traditional Asian-pacific hub.
According to the NNPC, the package, which is the first of its kind in the West African sub-region, would see Nigeria commit a small chunk of its daily LNG output to its sub-regional neighbours.
Nigeria’s LNG output presently stands at over three billion cubic feet of gas per day.
While receiving the delegation, Dr. Dawha said the corporation was ready to cash in on the opportunity in line with its overall strategic expansion drive for Nigeria’s LNG market.
Dawha emphasised that the move would help broaden the supply base.
He noted that, “At the moment, the entire West African sub-region, starting from Nigeria, is undergoing phenomenal economic growth and that practically translates into a higher demand for energy.
“As you know, the West African Gas Pipeline (WAGP) terminates in Ghana; so Cote D’Ivoire has come to request that we bring gas to them in the first instance by LNG and ultimately in the future by extension of the pipeline.”
The NNPC GMD noted that apart from offering a strategic opportunity for Corporation and Nigeria, the project was in line with the NEPAD (New Partnership for Africa’s Development) spirit.
He added that the project would serve the mutual growth of ECOWAS member countries by fostering the economic integration of the West Africa corridor.
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