Russia’s Gazprom eyes Nigerian gas reserves: report

LONDON (AFP) – Russia’s state-owned gas giant Gazprom is reportedly eyeing a “mindboggling” stake in Nigeria’s energy reserves in a bid to trump US, Chinese and Indian interests.

In a dispatch from Abuja and Moscow, the Financial Times quoted a senior Nigerian oil industry official as saying Gazprom was offering to invest in energy infrastructure in return for access to the country’s vast gas deposits.

“What Gazprom is proposing is mind-boggling,” the official said, speaking on condition of anonymity.

“They’re talking tough and saying the west has taken advantage of us in the last 50 years and they’re offering a better deal… they are ready to beat the Chinese, the Indians and the Americans.”

AFP