INSUBCONTINENT EXCLUSIVE:
Germany, under Chancellor Olaf Scholz, is exploring new energy sources, evidenced by his visit to Nigeria to diversify energy
imports.Currently, Germany gets a lot of oil from Nigeria, yet no gas
The Russian-Ukraine conflict disrupted gas flows, pressing Europe to find alternatives.Germany used to receive over 40% of its gas via
alternative.Germany Eyes Nigerian Gas Amid Energy Shift
It would help Germany reduce its carbon footprint and offer Nigeria growth opportunities.Chancellor Scholz mentioned plans for trade,
investment, and global issue collaboration with Nigeria.They will focus on sectors like infrastructure and renewable energy
domestic energy strategy includes natural gas in automobiles and industries
It must balance this with its export commitments.Challenges like pipeline vandalism have hindered its gas supply
Investments can solve this, helping Nigeria meet both domestic and export needs.Legal experts in Nigeria stress the need for foreign
investment to develop its gas sector
Nigeria and Germany are on the verge of a partnership that could secure energy supplies and drive economic growth.This cooperation comes at
