Riverside LNG, an energy-based in Nigeria, has announced plans to supply gas to South Africa, in what would be the first such deal between the two countries.

Earlier this year, Riverside LNG inked a gas-export partnership agreement with Johannes Schuetze Energy Import AG of Germany, and the company is presently exploring potential deals on the continent, according to Chief Executive Officer David Ige, Bloomberg reported.

Nigeria boasts the largest gas reserves in Africa. The country is projected to dominate the African natural gas and liquefied natural gas (LNG) supply market from 2023 to 2027 as the use of fossil fuels becomes unpopular globally.

 

Source: Business Insider

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