Skip to main content

Construction of Nigeria-Morocco gas project begins in 2024 - Minister Ekpo

The project will enhance the monetisation of the natural gas resources of the affected African countries and offer a new alternative export route to Europe.

The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, says the construction of the Nigeria-Morocco Gas Pipeline Project which aims to link European market is expected to begin in 2024.

Under this project, Gas is expected to be transported through the participating countries, including Nigeria, Benin, Togo, Ghana, Côte d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, The Gambia, Senegal, Mauritania, and Morocco.

Ekpo, while receiving a delegation of envoys from the Kingdom of Morocco led by its Ambassador to Nigeria, Moha Ou Ali Tagma on Monday in Abuja, said Nigeria was ready and interested in the project.

The News Agency of Nigeria (NAN) reports that the delegation visited the minister for a bilateral discussion on cooperation and commitment towards finalising the Trans-Atlantic pipeline project and also on the development of its fertiliser plant in Nigeria.

Recall that the Nigeria-Morocco Gas Pipeline Project has advanced with the signing of four Memoranda of Understanding (MoU) in June 2023 to ensure progress and strategic direction of the 25 billion dollars Trans-Atlantic project.

MoUs were signed between the Nigerian National Petroleum Company Limited (NNPC Ltd), Office National des Hydrocarbures et des Mines (ONHYM) of Morocco and the Société Nationale des Opérations Pétrolières of Cote d’Ivoire (PETROCI) among others.

Once completed, the project will enhance the monetisation of the natural gas resources of the affected African countries and also offer a new alternative export route to Europe.

Ekpo, while expressing Nigeria’s interest and readiness said with its position of 209 trillion cubic feet of proven gas reserves, there was need to supply gas to the continent before exporting to other continents.

“I believe by 2024 we will conclude on it. Your company has been relating with the NNPC Ltd and I have been receiving briefs. We also talked about it during the meeting of West African Gas Pipeline Committee Parties.

“For the fact that the pipeline existing within that corridor currently is 20 inches; there is a proposal to increase the size after Togo to 46 inches so that the flow will be large enough.

“Currently the world is talking about climate change and the natural gas is the sure way to go with low carbon emission so we have to be serious about utilisation of gas for prosperity.

On the fertiliser project of the country, he said with the era of natural gas and components used to boost fertiliser industries, all the value chain should be exploited.

Earlier, the Moroccan Ambassador described the project which started in 2016 as the most important in Africa aimed at exporting gas to Europe, adding that between 2016 and 2023 many meetings and MoUs signing had been held.

Tagma said the economic and technical studies being conducted on the project would be concluded early 2024, adding that the participating governments could decide to start its construction in 2024.

“The objective of this project is not to transport gas only but also to offer some opportunities for development of the countries between Nigeria and Morocco for supplying of energy,’’ he said.

The ambassador disclosed that its OCP Group, (formerly Office Chérifien des Phosphates), the most exporter of fertiliser in the world had inaugurated plants in Kaduna, Sokoto and Ogun states, then currently opening in Akwa Ibom.

He said the construction of the 1.5 billion dollars fertiliser plant project in Akwa Ibom would commence in December, adding that it would spur investments.

ridoola.blogspot.com.ng
Labels:

Comments

Post a Comment

Popular posts from this blog

EFCC insists on presentation of Grace Tiaga's death certificate in P&ID case

Tiaga's counsel communicated the unavailability of the death certificate, requesting additional time. The Economic and Financial Crimes Commission (EFCC) is steadfast in its demand for the death certificate of the late Grace Tiaga, a former director of legal services at the Ministry of Petroleum Resources, to be submitted in court. Tiaga faced charges brought by the EFCC, alleging her involvement in receiving payments from Process & Industrial Development (P&ID) to manipulate the 20-year gas supply and processing agreement (GSPA) against Nigeria. The EFCC claims that these illicit payments were made through her daughter and persisted even after her retirement. The accusations extend to Tiaga's purported failure to adhere to due process while providing legal counsel on the GSPA. Initially facing eight counts of fraud, she was remanded to Suleja prison in 2019, later granted bail, and the charges were expanded to 13 counts. As the trial progressed, the prosecution p...
Post a Comment
Read more

List of America's one-term presidents & why they were not re-elected

U.S. President Joe Biden becomes the most recent entrant in a list of president who served for only one term. U.S. President Joe Biden announced that he would not be seeking re-election for a second term in the November 5, 2024 elections. Biden, in a statement said that he would be focused on completing his remaining term, endorsing his Vice President Kamala Harris as his most preferred nominee for the Democratic Party to take on former President Donald Trump. Joe Biden endorses Kamala Harris as Democrats' candidate after withdrawing from race [X:@JoeBiden] Biden now joins a list of former U.S. Presidents that only served for one term. John Adams (1797-1801) The second president of the United States, John Adams was a Founding Father who faced significant challenges during his presidency, including conflicts with political adversaries and foreign nations. His support for the Alien and Sedition Acts, perceived as a violation of civil liberties, contributed to his unpopulari...
Post a Comment
Read more

Tinubu appoints MKO Abiola's son, Jamiu as SSA on Linguistics & Foreign Matters

President Bola Tinubu has appointed Jamiu Abiola as the Senior Special Assistant to the President on Linguistics and Foreign Matters. The appointee is one of the children of the late Chief Moshood Kolawole Abiola , the winner of the 1993 presidential election annulled by General Ibrahim Babangida . According to a statement by Segun Imohiosen , the Director of Information and Public Relations, Office of the Secretary to the Government of the Federation on Wednesday, November 27, 2024, Jamiu's appointment took effect from November 14, 2024. Imohiosen said the appointment aligns with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008, as amended. Until his recent deployment, the appointee served as the Special Assistant to the President of Special Duties in the office of the Vice President. Tinubu tasked Jamiu to work closely with the Federal Ministry of Foreign Affairs and bring his wealth of experience to bear in his new ...
Post a Comment
Read more