India Sourcing 10% Energy Requirements from Nigeria –Envoy

Enterprise Network-The Indian High Commissioner to Nigeria, Abhay Thakur The Indian High Commissioner to Nigeria, Abhay Thakur

India Sourcing 10% Energy Requirements from Nigeria –Envoy

The Indian High Commissioner to Nigeria, Abhay Thakur, on Tuesday during his visit to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, at the headquarters of the NNPC in Abuja stated the Republic of India is sourcing about 10 per cent of its energy requirement from Nigeria.

Thakur also commended Nigeria for its support to India in the area of energy security, stressing that Nigeria had been contributing significantly to India’s energy needs. He said India was open to further strengthening its collaboration with Nigeria through regular dialogue and exchange of technical know-how.

Thakur was quoted in a statement issued by the spokesperson for the NNPC, Ndu Ughamadu, as saying, “Specifically, India is already sourcing almost 10 per cent of its energy requirement from Nigeria. And we look forward to further strengthen this cooperation across various sources of energy, not only oil but also in gas, solar energy and other renewable sources.”

This came as the NNPC announced that Nigeria and India pledged to work more closely to enhance the energy security of both countries.

The NNPC boss, who acknowledged the role of Indian companies in Nigeria, called on them to extend their presence to the downstream sector of the petroleum industry to leverage the enormous opportunities there.

Baru assured the high commissioner of NNPC’s commitment to further strengthen the existing relations between both countries in the energy sector. He further noted that with the refineries up for repairs, the corporation would need technical assistance from Indian companies.

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