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EU Looks To Nigeria For Gas To Replace Russian Supplies - Politics (5) - Nairaland

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Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by kafeii123: 11:33am On Jul 23, 2022
We wey geh d thing never see am take cook o biko.... make una mercy us abeg...

In all.... It's pitiable to see that this is what Africa is worth to t
The world's powers....a ground for raw materials and natural resources...we don't matter in political discussions, not in research, can't even produce our own vaccines, or cars, or even mobile phones

1 Like

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Lovelive: 11:40am On Jul 23, 2022
Omo you get too much oil on your head. Sense fall on you more and more and more.




I love your submission; xactly my thought.






Me and I remain Obidient without structures





Vote4ObiDatti:
Hmmnn interesting! So this is why the EU are now desperate to restore peace in Eastern Nigeria? This is also partly the reason why they're subtly supporting Peter Obi to win the presidential election.

They know that the gas belt of Nigeria is mainly around Imo, Abia, Rivers and Akwa Ibom. With the secessionists fighting to break away from Nigeria, especially now they're armed will cause so much instability that no meaningful gas exploration and exploitation can take place. With IPOB spreading their tentacles around this region, how can any of these work?

Currently, oil theft has superceded official oil exports and only a smart legislation that gives the communities opportunity to earn directly from crude oil sales with caveat that no oil bunkering activity must happen for them to receive the revenue.

For the interest and progress of this nation, Peter Obi really needs to emerge as president. Since he is currently enjoying massive support and popularity in SS and SE, it will be easy for him to galvanize the locals in these regions and get their cooperation unlike BAT or Atiku. It would even be a disaster if BAT wins because he is already percieved to be anti SE and SS with his antecedents as well as having Muslim-Muslim presidency. With someone like BAT in Aso rock, secessionist struggle will reach alarming heights while Nigeria won't even see up to 100,000 barrels to export due to massive oil theft.

2023 elections is now a matter of life and death for Nigeria. Choose BAT and see the country go under or choose Peter Obi and watch Nigeria become peaceful and prosperous.

2 Likes 1 Share

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Lovelive: 11:47am On Jul 23, 2022
Which tension ?
You just be silent in order to reason it well.




Panda7:


which south south state is peter obi enjoying massive support and popularity and what volume of oil and gas does the south east produce??. better shut up if u don't have any sensible thing to say instead of causing unnecessary tension.
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by darediamond(m): 11:50am On Jul 23, 2022
GentleRay:
EU is making a big mistake. Nigeria's gas won't be enough to meet their needs. Relaying on unsustainable sources is a pity. The best for them is to end the war and keep the norstream pipeline flowing.
End wetin?

I pray Foolishness and stupid spirit keep making them fight Russia there Great Great Grand Father.

She I them get UK and US?

Ennh, make them continue with the fight against a Nation that do not fear there USA and NATO before invding UKRAIN and that can destroy them in a jiffy.

Na Conc winter go reset them brain.

But wait oo, Germany don they use coal na....

Kikikiki.., I laugh in Putin's Satan2!!

grin
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by darediamond(m): 11:53am On Jul 23, 2022
grin U dey fear?
NO worry we Putin Pals for naija pleti. grin grin cheesy
E no go tro bumbu 4 una.
Twinmama:
Make una no say I dey fear, hope Putin no go vex throw bomb for Naija laidis? Dat guy too dey vex.

1 Like

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Wintertime: 12:27pm On Jul 23, 2022
GeneralPula:

Lock it first.

They will lock it
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by gefehap784: 12:28pm On Jul 23, 2022
Ghg

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Panda7(m): 12:30pm On Jul 23, 2022
CSTRR:

Just enter edo State and interview any random 10 people on who they will be voting for.

Then enter Delta State and do the same.
And then do the same in akwaibom and cross River.

Come here and tell us the answer.

Mr interviewer seems you never chop or u think these states doesn't have states government
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Wintertime: 12:31pm On Jul 23, 2022
lanrex101:
FG owns the natural resources. Truly mumu deh worry you.
Go and collect it
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Panda7(m): 12:33pm On Jul 23, 2022
Vote4ObiDatti:


You're obviously a senseless juvenile, so I can't waste my time debating with you. Go play in the sand, kiddo!

keep living in your hallucination
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Tundex911: 12:39pm On Jul 23, 2022
Incoming cashout


Smh
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Ever8090: 1:02pm On Jul 23, 2022
onuman:



..... and the politicians also refuse modern development in Igboland where the gas comes from, the reason why APC was formed.
what is this urchin saying?...
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by skywalker240(m): 1:35pm On Jul 23, 2022
Dannyfan:
Sell it in naira
ding
but this is nigeria
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by etrange: 1:36pm On Jul 23, 2022
I said this before, instead of this unwarranted hatred towards the West, Nigerians should be thinking of how to replace Russia as a major supplier of crude oil alongside other oil producing countries. It is our turn to shine, no disrespect to those suffering I'm Ukraine.

1 Like

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Spiff20(m): 1:50pm On Jul 23, 2022
The NLNG is the second largest of its kind in the world after that of Russia. We can do it.

1 Like

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Crvrider: 2:26pm On Jul 23, 2022
Gas that we are busy flairing up and down. What a waste of a country.
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by God1stson(m): 2:48pm On Jul 23, 2022
Rostikol:


You are making no point. We have the gas, and they are coming to buy. What is your problem?

U ARE THE ONE WITHOUT PROPER UNDERSTANDING HERE. WHAT IS THE RATIO OF OUR PRODUCTION CAPACITY COMPARED TO THE EUROPEAN MARKET, SINCE THE 1ST LNG IN BONNY WAS BUILD OVER A DECADE AGO, NO OTHER LNG HAS BEEN COMPLETED. WE CAN'T EVEN SATISFY LOCAL DEMAND WITHOUT PRIZE HIKE. THE WEST AFRICAN GAS PROJECT THAT WILL PASS THRU MORROCO TO SPAIN IS BARELY COMPLETED. SO HOW IS THE GUY WRONG.
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Mayflowa(m): 3:33pm On Jul 23, 2022
Nairariver:

Selling gas to the most developed economies require alot of infrastructures to be in place.
Selling gas to Germany is different from selling gas to India. Sadly Nigeria with an annual budget of less than 40 billion dollars does not have these infrastructures ready.
And time is a luxury that the EU does not have.

NLNG is already selling to Europe. They only came to negotiate for more quantity. Most of the export trade forex we got from Europe last year was from selling Gas. Did you read the article?
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by aribisala0(m): 3:59pm On Jul 23, 2022
In those countries where we export gas to , inside their homes they turn on the taps and gas comes out. They do not even use cylinders. These are countries that have no gas that have built distribution infrastructure
What do we cook with in Nigeria?
We need to think and think deeply.
Exporting gas is not the road to riches for Nigerians but just for a few looters.
Let us get to a point where every Nigerian is cooking with affordable gas before we think of exporting our children's future.
It is no surprise that the top world economies are also the top USERS of energy.

Energy is what powers industries to create jobs . You will never get a fair price for selling energy because the countries that use energy collaborate to keep prices down

In real terms the price of oil(and gas) have been falling compared to everything else

Compared to Inflation

In 1980 a barrel of oil was $37 which in today's money would be $132
So we see oil prices falling but the things we import when we sell oil are rising in price all the time.
Many industries in Germany will run into problems if they lose Russian gas .When they come to us to sell them gas we should be saying

Relocate those industries to Nigeria and make the stuff in Nigeria
We are talking
Chemicals
Aluminium
Plastics
Glass
Refineries
Basic Chemicals e.g Ammonia.Chlorine,Fluorine,Hydrogen, Hydrogen Chloride etc
Paper
These are all things we spend billions on. Is that in our interest?
It is really sad that all people can see is the short term benefit of so called FOREX.
Why are we still importing A4 paper in 2022
Why are we importing tyres?
Let me tell you the most painful part. It is hoarding of knowledge. The knowledge and skill involved in bringing gas out of the ground, making pipelines ,laying pipelines etc belongs to European and American companies which they hoard in the name of intellectual property. Do we put any knowledge transfer clauses in the contracts we sign? Where is the Nigerian Mobil or Total or Shell.
We show a profound lack of ambition and willingness to celebrate crumbs

1 Like

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Wwwq: 4:47pm On Jul 23, 2022
Really
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by patrickcollins: 5:45pm On Jul 23, 2022
Rostikol:


You are making no point. We have the gas, and they are coming to buy. What is your problem?
He made a very important point, before u can be able to deliver gas to the EU, there are necessary facilities needed to produce reasonable quantities that can improve our economy which I know Nigeria lacks
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by mikool007(m): 8:06pm On Jul 23, 2022
This is an opportunity for us but bubu is too dull to understand the benefits aside monetary value, we're going to get Obi by God's grace, this rare opportunity alone can get us somewhere meaningful
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Emmanuel909090: 8:32pm On Jul 23, 2022
Nice
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by aribisala0(m): 8:34pm On Jul 23, 2022
You do not sell your blood because there is money on the table.
The issue is that gas is the cheapest form of energy even with the Ukraine war it is still very cheap which means we will never get a "good price".
There is a fundamental point here. The knowledge of how to exploit gas remains embedded using intellectual property rules etc in countries like Canada, France ,Italy Holland etc. So even if we enter any deals companies from these countries like Shell (the dominant player in NLNG) will still end up taking20-40% of the profit to their home countries. None of the machines or equipment used is made in Nigeria so what exactly is our gain? Money??
At current level of production we would be lucky to see $1 billion in a year after deducting cost or production and the share of foreign partners so even if we were to double production which takes time how much are we talking about?
It is good business for the oil companies and the European businesses that make the pipelines , the compression and reliquification infrastructure but what is our gain really? For me exporting gas is like selling your blood.
Let our experts sit down and do a proper analysis of the figures.

One reason the Chinese are where they are today is their insistence on KNOWLEDGE TRANSFER and or their ability to steal knowledge
In the oil industry we have FPSOs floating off our coasts that cost billions of dollars .These are manufactured in places like France or Korea and listed as Foreign Direct Investment even though not one penny of the manufacturing costs enters a Nigerian Bank.


What we need is KNOWLEDGE TRANSFER not gimmicks
We should agree to sell gas in exchange for knowledge and technology transfer as well as cash .That is more strategic
The war in Ukraine should focus our minds that no one is going to look out for us. Gas is a Geopolitical tool that should be leveraged for strategic advantage not just A FEW DOLLARS MORE

2 Likes

Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by DOTian: 9:51pm On Jul 23, 2022
lanrex101:
FG owns the natural resources. Truly mumu deh worry you.

Come and collect naa
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Rostikol: 10:02pm On Jul 23, 2022
patrickcollins:
He made a very important point, before u can be able to deliver gas to the EU, there are necessary facilities needed to produce reasonable quantities that can improve our economy which I know Nigeria lacks

YOU ARE TALKING GARBAGE.

Nigeria does not lack capacity to supply Europe with gas, and if did, the EU would not have STORMED Nigeria demanding more!!!!!

In this day and age, they don't need to travel to Nigeria first before knowing our capacity!!

Mumu people!!
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by patrickcollins: 10:10pm On Jul 23, 2022
Rostikol:


YOU ARE TALKING GARBAGE.

Nigeria does not lack capacity to supply Europe with gas, and if did, the EU would not have STORMED Nigeria demanding more!!!!!

In this day and age, they don't need to travel to Nigeria first before knowing our capacity!!

Mumu people!!
Okay bro no need for hauling insults, let's watch out how is gonna pan out
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Mosco100(m): 10:47pm On Jul 23, 2022
Nigeria is a foolish country, we would gain more by selling them refined products rather than raw materials. I mourn for Nigeria.
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Hypnotise: 11:08pm On Jul 23, 2022
Opportunity to cash out from forex. Gas to go up
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Rostikol: 11:20pm On Jul 23, 2022
Mosco100:
Nigeria is a foolish country, we would gain more by selling them refined products rather than raw materials. I mourn for Nigeria.

SHUT UP. Mr ITK.

Customer comes to you and says he wants natural gas, and you say ''no customer. I know better than you what you want. You want refined products, so I can make more money from you''.

MUMU CRITICS WITH NO BRAIN.
Re: EU Looks To Nigeria For Gas To Replace Russian Supplies by Ovamboland(m): 7:36am On Jul 24, 2022
DOTian:
Most of Nigerias Gas deposits are around Imo, Abia Anambra and now Enugu. Is God not wonderful? Buhari is strategizing to use South Easternngas to buy over the west at thee expense of the same East! It won't fly.. Gas from Igbo land will NEVER be used to save Nigeria.
The EU delegation should go and discuss with real Igbo leaders and not with the federal Nigeria appointed proxies.

The utterly corrupt Nigerian government has misused trillions of dollars worth of Oil incomes for over half a century now. Oil is running out as the main demand in the international market and these guys want to pivot to gas to continue the maximum looting from where they stopped.
We will not agree..

Gas in Nigeria will flow freely when it's being used to improve the living standards of the real owners and not when it's being used to inflate the pockets of the fulani oligarchs and their agbadorian cousins..
They have already passed all sorts of Evil and dubious legislations to loot these resources. So folks must agitate to no end until the right thing is done..

When the leadership mantle passed to your brother and by providence, we earned the highest income from Oil, na waste una waste the money

ASUU man-president forget lecturers get 2009 agreement for 5 years, them forget to build 2nd Niger bridge, forget all the Federal roads in SE and SS, forget there's need to link Bonny island with the rest of Rivers state, forget they needed Eastern seaport, forgot befitting international airport, East West Road babu, North - South and East-West railway forgotten, Itakpe-Warri rail,voicemail

Now Fulani and Agbado are giving you all these things to make it easier to sustain and run an economy free from fluctuating oil price, it's still wailing galore

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