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NNPC, Partners meet over investment on Nigeria-Morocco Gas Pipeline

Partners in the multi-billion Naira Nigeria-Morocco Gas Pipeline are in crucial meeting to fast-track the process towards achieving the Final Investment Decision (FID) on the…

Partners in the multi-billion Naira Nigeria-Morocco Gas Pipeline are in crucial meeting to fast-track the process towards achieving the Final Investment Decision (FID) on the project.

The meeting between representatives of the Nigerian government and the Kingdom of Morocco held on Wednesday in the Moroccan capital.

The meeting was anchored by the Executive Vice President, Gas, Power & New Energy of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Olalekan Ogunleye, and the Director General of the Morocco National Office of Hydrocarbons and Mines (ONHYM), Mme Amina Benkhadra.

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A statement by the NNPC Ltd at the end of the meeting said the talks focused on how to drive the partnership between the two countries to accelerate the execution of the Nigeria-Morocco Gas Pipeline Project in line with the series of Memoranda of Understanding (MoUs) signed between the two countries in Abuja in 2022.

The Cooperation Agreement for the construction of the 48 inches by 5,300 kilometres pipeline that would run from Nigeria to Dhakia (Morocco) and 1,700km from Dhakia to Northern Morocco was signed in 2017, with a capacity of 30 billion cubic meter (bcm) per year (equivalent of 3.0 billion standard cubic feet of gas per day).

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