Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » US-Nigeria energy partnership will optimise mutual opportunities – Ekpo

    US-Nigeria energy partnership will optimise mutual opportunities – Ekpo

    September 19, 2024
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Ekperikpe Ekpo

    Oritsegbubemi Omatseyin

    Lagos — The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has expressed optimism about the US-Nigeria clean energy partnership, stating that it will optimize mutual opportunities for both nations and investors in the sector.

    At the 2-day US-Nigeria Strategic Energy Security Dialogue, which ended in Washington DC over the weekend, Ekpo emphasised Nigeria’s commitment to leveraging its vast gas resources for economic growth and energy transition. He highlighted the Decade of Gas Initiative, which aims to drive industrialisation, reduce energy poverty and position Nigeria as a regional gas processing and industrial hub.

    The Minister acknowledged the US as a steadfast partner in Nigeria’s energy sector, offering support and collaboration across various areas. He stressed the need to strengthen ties, working together to address challenges like energy security, climate resilience and sustainable development.

    On his part, the US Assistant Secretary of State, Energy Resources, Geoffrey Pyatt, renewed the US commitment to supporting the US-Nigeria energy transition.

    He highlighted various initiatives which includes technical assistance to reduce methane emissions from the oil and gas sector; $75-85 million in technical assistance for Power Africa to improve electricity services in Nigeria; launching the Clean Energy Alliance of Nigeria (CLEAN) to promote clean energy investment and committing over $1.3 million for clean energy technical support to Nigerian partners.

    Ekpo welcomed these initiatives, emphasising the significance of the partnership in achieving Nigeria’s energy goals. He expressed hope for substantive discussions and interactions during the dialogue, focusing on energy security, decarbonisation, and investments in the gas and renewable energy sectors.

    “The United States has been a steadfast partner in our energy sector, offering support and collaboration across various areas, from technical expertise to capacity building. As we navigate the complexities of the current global energy environment, it is imperative that we continue to strengthen these ties, working together to address challenges such as energy security, climate resilience, and the need for sustainable development,” Ekpo said.

    Nigeria will host the next dialogue in Abuja in September 2025.

    Related News

    Nigeria, Equatorial Guinea advance GoG gas pipeline project with new roadmap

    NNPCL, UTM FLNG seek speedy FID on 1.8m tonnes project

    Mozambique energy minister optimistic on TotalEnergies’ plan to resume LNG project

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    FG, States, LGCs share N1.659 revenue in May 2025

    June 22, 2025

    Military efforts slash crude oil theft, as Minister hails Armed Forces

    June 22, 2025

    Nigerian Navy cracks down on oil theft, arrests 76 vessels in two years

    June 22, 2025

    Rivers, Bayelsa left out as FG delivers life jackets to Kwara over boat mishaps

    June 22, 2025

    Nigeria commits $200m to health, eyes BRICS partnerships

    June 22, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.