Image by Onurdongel/ iStock
West African leaders have approved an agreement to build the Nigeria-Morocco Gas Pipeline (NMGP), a major energy project aimed at linking Nigeria’s gas resources with Morocco and European markets.
The deal was signed at an ECOWAS summit in Freetown, Sierra
Leone.
The 6,000-kilometre pipeline will pass through 13 Atlantic
coast countries, connecting Nigeria’s gas fields to Morocco before linking with
the Maghreb-Europe pipeline.
Julius Maada Bio, ECOWAS Chair, said the project would soon deliver benefits
across the region.
Nigeria’s NNPC and Morocco’s ONHYM said the pipeline would
boost African energy integration, create a development corridor and strengthen
links between West Africa, the Sahel, Morocco and Europe.
Next steps include establishing project management bodies
and securing investors before a final investment decision.
First proposed in
2016, the pipeline is estimated to cost about $27 billion. -OGN/TradeArabia News Service

