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$25bn Nigeria-Morocco Gas Pipeline Project Implementation Advances Further

by Chika Izuora
2 months ago
in Business
Nigeria-Morocco Gas Pipeline Project
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Promoters of the Nigeria-Morocco gas pipeline project have made more progress in efforts leading to full project implementation.

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The Nigeria-Morocco Gas Pipeline is designed to transport natural gas from Nigeria to Morocco and potentially onward to Europe.

It’s a significant undertaking, estimated to cost $25 billion and span approximately 5,660 kilometers.

The project made significant progress, with Rabat hosting this week several high-level meetings to discuss the project.

The project, which will stretch across 13 African countries, gained momentum during technical and steering committee meetings held on July 10-11 in Rabat.

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The gatherings brought together top executives from national oil companies across West Africa to review the project’s progress.

Officials from Morocco’s National Office of Hydrocarbons and Mines (ONHYM) organised the meetings, which also included representatives from the Economic Community of West African States (CEDEAO).

LEADERSHIP reports that in May this year, the project progressed with key agreements signed, feasibility and engineering studies completed.

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At the agreement signing it was indicated that plans are also underway to create a special-purpose company and make the final investment decision by the end of 2025.

Morocco’s minister of Energy Transition and Sustainable Development, Leila Benali, shared the latest developments on the project during a session in the Council of Advisors, the upper house of Morocco’s parliament.


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