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Wednesday, December 4, 2024

Nigeria, Morocco progress on $26bn African Gas Pipeline Project 

The federal government, alongside the Economic Community of West African States (ECOWAS), Morocco, and Mauritania, have reaffirmed their commitment to advancing the $26 billion African Atlantic Gas Pipeline project.

The announcement was made at the ECOWAS Inter-Ministerial Meeting on the Nigeria-Morocco Gas Pipeline Project, where officials disclosed that they are partnering with additional stakeholders to propel the initiative forward.

The meeting, held in Abuja on Monday, saw the attendance of ECOWAS Ministers of Hydrocarbons and Energy, along with representatives from Morocco and Mauritania.

The project, designed to connect at least 13 nations, aims to drive economic growth across the region.

In his address, Mele Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), highlighted the significance of the meeting’s decisions, which he stated would shape the future of the African Atlantic gas project.

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Kyari, represented by NNPC’s Executive Vice President for Gas Power & New Energy, Olalekan Ogunleye, stressed the need for the project to positively impact both the regional economy and the lives of local communities.

He said: “Today, we come together to make significant progress in the African Atlantic gas pipeline project, perhaps the largest African project, a transformative initiative that promises to connect at least 13 African nations in shared prosperity and development. 

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