Nigeria, once a prominent LNG exporter in Africa, now watches Qatar's impressive gains in LNG expansion.
President Bola Tinubu of Nigeria, leading Africa's largest economy for just over 10 months, is currently on a state visit to Qatar. The purpose of his visit is to attract investments to Nigeria, with a particular focus on enhancing LNG capacity.
At the Nigeria-Qatar business and investment forum in Doha, President Tinubu assured investors of Nigeria's commitment to facilitating profitable and legitimate enterprises by eliminating obstacles.
While Nigeria endeavors to attract investments, recent insights underscore Qatar's remarkable position in the global LNG market. Over the past two decades, Qatar has strategically invested in expanding its LNG production capacity, positioning itself as a dominant player. Market experts project that Qatar's planned expansion could secure nearly a quarter of the global LNG market share by 2030, potentially overshadowing competitor projects, including those in Nigeria. I’m
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