The Federal Government has intensified discussions with the Kingdom of Morocco to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline.
According to a statement by the Chief Corporate Communications officer, Mr Olufemi Soneye, both parties emphasised the strategic importance of the project to the two countries, the entire African continent and the need to drive it to completion expeditiously in line with the objective of stemming energy poverty on the African continent.
The statement further says the project, among other things, will help drive the monetisation of Nigeria’s gas resources, maintain NNPC’s energy leadership in Africa, and promote economic and regional cooperation among African Countries.
The discussions were held on the side-lines of a meeting between the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, and the Moroccan Minister of Energy Transition and Sustainable Development, Ms. Leila Benali, anchored by the NNPCL’s Executive Vice President, Gas, Power & New Energy, Mr. Olalekan
Ogunleye, and the Director General of the Morocco National Office of Hydrocarbons and Mines, Mme Amina Benkhadra.
The pipeline would traverse Republic of Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal, Mauritania, and terminate in Morocco with a spur to Spain.
Due to the international nature of the project, the ECOWAS Commission is saddled with the responsibility to, among other things, facilitate an inter-governmental treaty and host government agreements, establishment of Pipeline Higher Authority, and alignment with AU, UN and other relevant international bodies.
PR Bughni Alfred
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