FG, Morocco in talks to advance gas pipeline project - News Summed Up

FG, Morocco in talks to advance gas pipeline project


In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with Morocco. The discussion, which was held on the sidelines of a meeting between the Minister of State for Petroleum Resources (Gas), Hon. The talks focused on how to drive the partnership between the two countries to accelerate the Nigeria-Morocco Gas Pipeline Project in line with the series of Memoranda of Understanding (MoUs) signed between the two countries in 2022. The pipeline would traverse the Republic of Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea-Bissau, Gambia, Senegal, Mauritania and terminate in Morocco with a spur to Spain. The project, among other things, will help drive the monetization of Nigeria’s gas resources, maintain NNPC Ltd.’s energy leadership in Africa, and promote economic and regional cooperation among African countries.


Source: Nigerian Tribune January 25, 2024 16:57 UTC



Loading...
Loading...
  

Loading...