Would you like to receive notifications on latest updates of the following headlines?

Portugal reduce Russian dependency, imports LNG from U.S., Nigeria

POSTED ON January 22, 2025 •   GLOBAL NEWS      BY Abiodun Saheed Omodara
Portugal’s Environment Minister: Maria da Graca Carvalho l Credit: DianaFM

(Reuter/NAN)- Portugal has announced its intention to boost its liquefied natural gas (LNG) imports from the United States and Nigeria in an effort to reduce its reliance on diminishing supplies from Russia.

Environment Minister, Maria da Graca Carvalho announced on Tuesday that Portugal imported 49,141 gigawatt-hours (GWh) of natural gas in 2024, with approximately 96 percent being LNG.

According to the minister, data from the electricity and gas grid operator REN indicates that Nigeria supplied 51 percent of these LNG shipments, while around 40 percent came from the United States, and about 4.4 percent from Russia. In 2021, Russia represented 15 percent of Portugal’s LNG supply.

Following Russia’s invasion of Ukraine in February 2022, the European Union has enacted targeted sanctions on Russian oil and gas transported via pipelines. However, these sanctions have not halted the import of LNG delivered by ship to Europe.

Graca Carvalho stated during a panel at the World Economic Forum in Davos, as reported by the economic website ECO, that “Portugal is now nearly independent of Russian gas, but we aim to further decrease this dependency by increasing imports from Nigeria and the United States.”

President Donald Trump has warned the European Union of potential tariffs if countries do not enhance their purchases of U.S. energy. ECO also reported that the minister called for increased cooperation within the 27-nation European Union to achieve energy independence and security, noting that Iberia remains an “energy island” due to the challenges in establishing interconnections with France.

READ ALSO
Russia Targets Ukraine, Claims Lives in Dnipro and Rostov
BY Abiodun Saheed Omodara July 26, 2025 0

Russia carried out strikes on various regions of Ukraine overnight, with officials reporting one fat...

READ ALSO
Panic among Nigerians in the UK as New Visa Regulations Threaten Employment
BY Abiodun Saheed Omodara July 26, 2025 0

Panic has taken hold of numerous Nigerians employed in the United Kingdom under Certificate of Spons...

READ ALSO
Ghana Immigration Service Arrests Over 50 Nigerians in Major Cyber Fraud
BY Abiodun Saheed Omodara July 25, 2025 0

The Ghana Immigration Service on Thursday arrested over 50 Nigerians for their alleged involvement i...

READ ALSO
FG Acts to Rescue Stranded Nigerian Workers in Central African Republic
BY Abiodun Saheed Omodara July 25, 2025 0

The Federal Government has initiated actions to rescue and repatriate a group of Nigerian workers wh...

READ ALSO
Nigerian Lawmakers Demand Reversal of U.S. Visa Policy Changes Amid Concerns Over Economic Impact
BY Abiodun Saheed Omodara July 22, 2025 0

The House of Representatives on Tuesday urged the U.S. government to reinstate the five-year multipl...

READ ALSO
USCIS Unveils New Immigration Fee Schedule Effective July 22, 2025
BY Abiodun Saheed Omodara July 22, 2025 0

The United States Citizenship and Immigration Services (USCIS) has revealed an updated schedule of i...

READ ALSO
Western Nations Urge Immediate Cessation of Hostilities in Gaza Amid Escalating Conflict
BY Abiodun Saheed Omodara July 21, 2025 0

Over two dozen Western nations demanded an immediate cessation of hostilities in Gaza on Monday, hig...

READ ALSO
Burkina Faso's Junta Dissolves Electoral Commission to Cut Costs, Boost Sovereignty
BY Abiodun Saheed Omodara July 18, 2025 0

The military government of Burkina Faso has abolished the Independent National Electoral Commission,...

OUR CHANNELS:

Portable, VeryDarkMan Publicly Clash over Mohbad and Other Issues
BY Abiodun Saheed Omodara July 25, 2025 0

Nigerian singer Habeeb Okikiola, widely known as Portable, has intensified his feud with social medi...


Twelve die in Thailand-Cambodia clashes
BY Abiodun Saheed Omodara July 26, 2025 0

Fighting between Thai and Cambodian forces along their contested border has led to at least 12 fatal...


Reps Seek to Create Independent Body to Track Federal Projects
BY Abiodun Saheed Omodara July 25, 2025 0

The House of Representatives is set to hold a public hearing to gather feedback from stakeholders re...


NYSC Urges Employers to Implement Attendance Registers for Corps Members
BY Abiodun Saheed Omodara July 25, 2025 0

The National Youth Service Corps (NYSC), on Thursday, urged employers of corps members to establish...


PDP Shifts National Convention to November, Picks Ibadan Amid Internal Power Struggle
BY Abiodun Saheed Omodara July 25, 2025 0

Abuja, Nigeria  – The People’s Democratic Party (PDP) has announced the postpo...


APC Appoints Yilwatda Nentawe as Chairman, Declares 2027 a ‘Done Deal
BY Abiodun Saheed Omodara July 25, 2025 0

Abuja, Nigeria – The National Executive Committee (NEC) of the All Progressives Congress (APC)...


Osun APC, PDP Clash Over Governor Adeleke's Failed Defection Attempt
BY Abiodun Saheed Omodara July 25, 2025 0

The Osun State branches of the All Progressives Congress (APC) and the People’s Democratic Par...


Court Reinstates Benue CJ, Criticizes Alia
BY Abiodun Saheed Omodara July 25, 2025 0

The National Industrial Court in Abuja, on Wednesday, ruled that the Benue State House of Assembly's...


LASG Announces Five Major Road Projects in Alimosho to Be Completed by 2025
BY Abiodun Saheed Omodara July 25, 2025 0

The Lagos State Government has revealed that five significant road projects in the Alimosho Local Go...


Electricity Tariffs: Power Firms Push Back Against State Negotiations
BY Abiodun Saheed Omodara July 25, 2025 0

On Wednesday, energy commissioners from all 36 states announced their willingness to engage with pow...


More Articles

Load more...

Menu