Portugal imports more US and Nigerian LNG in order to stop Russian supplies
The Portuguese government plans to buy more liquefied gas (LNG), mainly from the United States, and Nigeria to replace its already diminishing Russian supplies. This was announced by Environment Minister Maria da Graca Carvalho on Tuesday.
Data from the electricity and gas grid operator REN show that Portugal will import 49,141 gigawatt hours (GWh) in 2024. Of this, 96% is LNG.
About 40% of these LNG deliveries came from the United States, and about 4.4% from Russia.
In 2021, Russia will account for 15% of Portugal’s LNG.
After Russia invaded Ukraine in February 2022 the European Union implemented targeted sanctions against Russian oil and gas imports through pipelines but did not prevent the importation of LNG transported via ship into Europe.
"Portugal has become practically independent from Russian gas... we would like to further reduce this number by importing gas from Nigeria and United States," Graca Carrvalho said at a panel discussion during the World Economic Forum, Davos. According to the economic website ECO.
The U.S. president Donald Trump threatened to impose tariffs on the European Union if they did not increase their purchase of U.S. Energy.
The minister said that Iberia is still an energy island, as it has been difficult to build connections with France.
(source: Reuters)
