Nigeria and Morocco expedite discussions on a $30 billion gas pipeline

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The Nigerian government has escalated talks with Morocco to expedite the Final Investment Decision on the $30 billion Nigeria-Morocco Gas Pipeline.

Discussions between the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, and Morocco’s Minister of Energy Transition and Sustainable Development, Ms. Leila Benali, took place recently.

The Nigerian National Petroleum Company Limited revealed that the meeting, led by executives from both countries, aimed to accelerate the strategic project’s completion.

Emphasizing the significance of the pipeline for Nigeria, Morocco, and Africa, the nations highlighted the urgent need to combat energy poverty on the continent.

The pipeline, spanning multiple countries, is a collaborative effort, and the ECOWAS Commission plays a key role in facilitating international agreements for its realization.

The project, signed in 2017, not only promotes economic cooperation but also serves as a catalyst for monetizing Nigeria’s gas resources.

 

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