Nigeria seeks Vitol's aid to advance AAGP

The Nigerian government has reached out to Vitol, seeking the multinational energy company's financial and technical expertise to advance the US$25bn Atlantic Africa Gas Pipeline (AAGP) project

"I sincerely invite you to join us in making this project a success," said Kashim Shettima, Nigeria’s Vice President. "We need your expertise more than your money," he added, hoping to leverage the company's vast logistical expertise and international network to make the AAGP project a success. 

The AAGP initiative aims to tap into Europe's huge energy demand as part of Africa's gas monetisation drives such as the Nigeria LNG, among others.

"Nigeria has been a close and crucial partner for Vitol," said Jeffrey Dellapina, Vitol’s chief financial officer, emphasising that the company desires to "continue growing alongside it."

The AAGP project is already on the top of the energy agendas of the African Union and European Union, and Vitol getting onboard can draw further investors on a global scale.