Portugal to import more US, Nigerian LNG, aims to end Russian supply

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LISBON (Reuters) - Portugal plans to summation purchases of liquefied (LNG) from the United States and Nigeria arsenic it aims to extremity already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said connected Tuesday.

Portugal imported 49,141 gigawatt-hours (GWh) of earthy state successful 2024, of which astir 96% was LNG, information from energy and state grids relation REN shows.

Nigeria accounted for 51% of those LNG deliveries, astir 40% came from the United States and astir 4.4% from Russia.

In 2021, Russia accounted for 15% of Portugal's LNG supply.

Following Russia's penetration of Ukraine successful February 2022, the European Union has implemented targeted sanctions connected Russian lipid and state imported done pipelines, but has not prevented the import of LNG transported by vessel into Europe.

"Portugal is present practically autarkic of Russian state ... but we privation to trim this fig further by importing much state from Nigeria and the United States," Graca Carvalho told a sheet astatine the World Economic Forum successful Davos, according to economical website ECO.

 Model of LNG tanker is seen successful  this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

U.S. President Donald Trump has threatened the European Union with tariffs if countries bash not summation their purchases of U.S. energy.

ECO reported the curate urged greater practice wrong the 27-nation European Union to guarantee vigor independency and security, saying Iberia was inactive an "energy island" arsenic it had "been hard to physique interconnections with France".

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