Nigeria has agreed to supply natural gas to Equatorial Guinea at Nigeria's International Energy Summit in Abuja. African energy experts are urging quick implementation of the gas deal amid high demand and supply disruptions caused by Russia's invasion of Ukraine. This week's signing of a gas deal by Nigeria's minister of state for petroleum, Timipre Sylva, and his Guinean counterpart, Gabriel Lima, is a testament to Africa's untapped gas market. In January, Nigeria's gas reserves rose by 1.4% from the previous year. For now, officials and experts will be eager to see how this gas deal changes the status quo.
Source: Ethiopian News March 05, 2022 11:58 UTC