Portugal to import more LNG from US, Nigeria in bid to cut Russian supplies

Portugal to import more  LNG from US,  Nigeria in bid to  cut Russian  supplies.
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Illustration shows a model of  an LNG  carrier.
LISBON - Portugal plans to increase  its purchases of liquefied natural gas (LNG) from the  US and Nigeria  in an effort to  stem dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said on  Tuesday. Portugal imported 49,141 gigawatt-hours (GWh) of natural gas in 2024, of which  about 96% was LNG,  according to data from electricity and gas  network operator  REN. Nigeria accounted for 51% of  these LNG  shipments, with about 40%  coming from the  US and  about 4.4% from  Russia. From food waste to fuel: UAE company uses flies to create  electricity
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In 2021, Russia accounted for 15% of Portugal's LNG  supplies. Following Russia's invasion of Ukraine in February 2022, the European Union implemented targeted sanctions on Russian oil and gas imported through pipelines, but  did not  prevent the import of LNG  shipped to Europe. "Portugal is now practically independent of Russian gas ... but we want to reduce this figure  even further by importing more gas from Nigeria and the United  States," Graca Carvalho  said on a panel at the World Economic Forum in Davos, according to  the Economy. ECO page.
US President Donald Trump has threatened the European Union with tariffs if  the countries do not increase their purchases of  American energy. ECO said the minister  called for greater cooperation  among the  27 EU countries to ensure energy independence and security, saying  the Iberian Peninsula was still an  "energy island" because "it had  been difficult to build interconnections with  France."


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