Economy
Construction Of Nigeria-Morocco Gas Pipeline Begins 2024 – Minister
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Construction of Nigeria–Morocco Gas Pipeline Begins 2024 – Minister
By Daily Hint
The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, says the construction of the Nigeria-Morocco Gas Pipeline Project which aims to link European market is expected to begin in 2024.
Under this project, Gas is expected to be transported through the participating countries, including Nigeria, Benin, Togo, Ghana, Côte d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, The Gambia, Senegal, Mauritania, and Morocco.
Mr Ekpo, while receiving a delegation of envoys from the Kingdom of Morocco led by its Ambassador to Nigeria, Moha Ou Ali Tagma on Monday in Abuja, said Nigeria was ready and interested in the project.
the delegation visited the minister for a bilateral discussion on cooperation and commitment towards finalising the Trans-Atlantic pipeline project and also on the development of its fertiliser plant in Nigeria.
Recall that the Nigeria-Morocco Gas Pipeline Project has advanced with the signing of four Memoranda of Understanding, MoU, in June 2023 to ensure progress and strategic direction of the 25 billion dollars Trans-Atlantic project.
MoUs were signed between the Nigerian National Petroleum Company Limited (NNPC Ltd), Office National des Hydrocarbures et des Mines, ONHYM of Morocco and the Société Nationale des Opérations Pétrolières of Cote d’Ivoire, PETROCI, among others.
Once completed, the project will enhance the monetisation of the natural gas resources of the affected African countries and also offer a new alternative export route to Europe.
Mr Ekpo, while expressing Nigeria’s interest and readiness said with its position of 209 trillion cubic feet of proven gas reserves, there was need to supply gas to the continent before exporting to other continents.
