Mr Odusina said Nigeria would be setting aside between 13 and 15tcf of gas for the project for the first 25 years.
Nigeria’s gas reserves are estimated at 184tcf, but industry officials have expressed doubt the country can produce adequate gas for TSGP given the current shortage of gas for domestic use. Mr Odusina confirmed, however, that gas for TSGP has been earmarked, and will be available. Chabib Khelil, Algeria’s Minister of Mines and Energy, said the three countries had the capacity to finance the project and said the European market would need the gas produced by TSGP by its start-up date.