Morocco and Nigeria are teaming up to build the world’s longest offshore gas pipeline. They will transport gas to Europe via 11 West African countries.
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.
In December, Spain imported 69% of liquefied natural gas compared to 47% in 2020, an increase due to the closure by Algeria of the Maghreb-Europe pipeline passing through Morocco.
Morocco and Nigeria are working on the realization of the onshore and offshore gas pipeline project. The two parties have signed several financing agreements for the completion of the engineering and design studies (FEED).
Morocco is working to fulfill its part in the realization of the onshore and offshore gas pipeline project with Nigeria. The various preparatory bodies and plans are being put in place for the effective start of this major regional project.
The 2021 edition of the All Africa Music Awards (AFRIMA 2021), held in Nigeria, allowed Moroccan artists to assert themselves once again on the continent, by winning three awards.
Announced in 2016, the Nigeria-Morocco gas pipeline will be the longest in Africa and should serve Morocco and Spain. Despite the difficulties, this project is progressing and will be delivered as soon as possible, in accordance with the will of King Mohammed VI and his counterpart Muhammadu Buhari.
The Nigerian authorities have reiterated their willingness to make the gas pipeline project linking Nigeria and Morocco a reality. This announcement was made by Yusuf Usman, Managing Director of the Nigerian National Petroleum Corporation (NNPC) in a Nigerian daily.
Attijariwafa Bank is developing a definite interest in the English-speaking markets of Africa. It would be among the banks wishing to buy Atlas Mara’s stake in Union Bank of Nigeria, the 8th largest bank in the country.
A new basic chemical platform worth $1.3 billion will soon be operational between Morocco and Nigeria to boost the supply of certain chemicals between the two countries.
A Nigerian government delegation was received on Tuesday by the Office Chérifien des Phosphates . This step is aimed at accelerating the construction work of the fertilizer and ammonia production unit in Nigeria, launched in 2018.