Nigeria and Morocco Seek Accelerated Investment Decision for $30bn Gas Pipeline

Nigeria and Morocco are intensifying efforts to expedite the investment decision for the $30 billion gas pipeline project between the two countries.

The discussions, spearheaded by the Nigerian National Petroleum Company Limited (NNPCL) and Morocco’s National Office of Hydrocarbons and Mines, aim to propel the Nigeria-Morocco Gas Pipeline into action.

At a recent meeting between Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, and Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, both nations underscored the strategic importance of the pipeline.

The pipeline, stretching from Nigeria to Dhakia, Morocco, with a potential spur to Spain, holds immense promise for regional energy security and economic advancement.

The project, initiated in 2017 with a capacity of 30 billion cubic meters per year, signifies a bold step towards leveraging Nigeria’s abundant gas resources for domestic development and export.

With potential beneficiaries spanning across several West African nations, the project carries profound implications for regional cooperation and economic growth.

The discussions emphasize the commitment of Nigeria and Morocco to see the pipeline project through fruition, aiming to address energy poverty while fostering economic integration across Africa.

The pipeline, traversing multiple countries including Benin, Togo, Ghana, Cote d’Ivoire, Liberia, and others, requires concerted efforts at both regional and international levels to navigate regulatory complexities and logistical challenges.

The collaboration between Nigeria and Morocco underscores the shared vision of leveraging energy resources for sustainable development and regional prosperity.

As discussions progress, stakeholders remain optimistic about the transformative impact of the pipeline in reshaping the energy landscape and driving economic progress across the African continent.