Plus234Feed

West African Nations Approve $27bn Nigeria-Morocco Gas Pipeline

West African Nations Approve $27bn Nigeria-Morocco Gas Pipeline

West African nations have approved the implementation of a $27 billion Nigeria-Morocco gas pipeline project, which spans 6,900 kilometers and is designed to transport 30 billion cubic meters (bcm) of natural gas annually. The intergovernmental agreement (IGA) was signed during the 69th ordinary session of ECOWAS in Lungi, Sierra Leone.

The Nigerian delegation, led by Vice President Kashim Shettima, included Minister of State for Petroleum Resources, Ekperikpe Ekpo, who described the agreement as a major breakthrough for regional energy cooperation. The project aims to unlock Nigeria's vast natural gas resources, strengthen regional energy security, and expand export opportunities.

The pipeline is expected to improve energy access across West Africa and provide an alternative route for Nigerian gas exports to Europe, with construction anticipated to commence in 2028 and the first gas delivery targeted for 2031. The agreement reflects a commitment to enhancing economic integration and industrial growth in the region.

Plus234Feed summary based on reporting from This Day. Read the original report below.

Read full article

Continue on This Day

Visit
Share