(Ecofin Agency) - Nigeria’s export of Liquefied Natural Gas (LNG) to the United States dropped from 20.3 million cubic feet in June 2007 to zero in February 2016, the US Energy Information Administration (EIA) revealed.

According to the information, Agency natural gas import from Nigeria started on a downward trend since 2008, when it dropped to 3.1 mcf, from more than 10 Bcfpd in 2007 to 2.3 million cubic feet in 2011 before finally dropping to zero in 2016. U.S now gets most of its LNG from Mexico, Canada and Trinidad.

This represent more decline in oil revenue for the Federal Government of Nigeria which at present is struggling with a decrease in earnings from crude oil exports as a result of the fluctuation in the prices of crude oil in the global market as well as the failure by oil producers to arrive at an agreement on production freeze or cut in Doha last month, the Guardian news reports.

The rise in the production of natural gas in the U.S has lowered the country’s dependence and caused a huge drop in imports.

“Most U.S. imports of natural gas come by pipeline from Canada. A small and declining amount of imported liquefied natural gas (LNG) comes mainly from Trinidad. Most U.S. exports of natural gas are sent by pipeline to Mexico and Canada,” EIA said.

Anita Fatunji