The CEO of the Nigerian National Petroleum Company (NNPC), Malam Mele Kyari, partner of the National Office of Hydrocarbons and Mines (ONHYM) in the construction of the Morocco-Nigeria gas pipeline, announced an investment of $12.5 billion, or 50% of the total cost of the project, to accelerate its implementation.
The Morocco-Nigeria gas pipeline project is progressing. Pending the final decision expected in Abuja in 2023 , the technical committee organized a series of meetings in Rabat this week.
The year 2023 will be decisive for the Morocco-Nigeria gas pipeline, according to the words of Mele Kyari, the CEO of the Nigerian national oil company. This is a major project that has already been the subject of an agreement between ECOWAS, Morocco and Nigeria.
In a joint statement, Morocco and Nigeria announced that they have entrusted the management of the gas pipeline project to a joint venture composed of ILF Consulting and DORIS Engineering.
Amina Benkhadra, Director General of the National Office of Hydrocarbons and Mines of Morocco (ONHYM), recently spoke about the progress of the Morocco - Nigeria gas pipeline project, stating that the studies are advancing in "very good conditions."
Europe is considering turning to other sources, particularly in Africa, for its natural gas supply, in order to reduce its dependence on Russia . The old continent could set its sights on the Nigeria-Morocco gas pipeline project.
The Australian engineering company Worley has announced that it has been selected to carry out an initial feasibility study of the pipeline project that is to connect Nigeria to Morocco .
Algeria and Nigeria exchanged on Tuesday about the construction of a gas pipeline linking the two countries via Niger to the European continent. A way for Algeria to compete with the Morocco-Nigeria gas pipeline .
While Europe is bogged down in a geostrategic crisis related to gas exports with the United States and Russia, and Algeria has cut its deliveries, Morocco could benefit from its gas pipeline project with Nigeria to reduce its energy deficit and dependence.
Morocco plans to create, within the National Office of Hydrocarbons and Mines (ONHYM), a department exclusively dedicated to the management of national oil and gas projects, including the Nigeria-Morocco gas pipeline.