Final Investment Decision On Nigeria-Morocco Gas Pipeline Project By December 

The Managing Director/CEO of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, announced that the Final Investment Decision (FID) for the ambitious Nigeria-Morocco Gas Pipeline is scheduled for December 2024. This crucial step will pave the way for one of Africa’s most significant energy infrastructure projects.

Intensive discussions are underway as Nigeria seeks to realise its vision of a gas pipeline network spanning thirteen African countries and ultimately reaching Europe. This strategic initiative confirms Nigeria’s role as a pivotal energy provider on the continent and beyond.

In a landmark move, the NNPCL inked a deal in 2017 to construct the $25 billion pipeline, measuring 48 inches in diameter and extending 5,300 kilometres from Nigeria to Dhakia, Morocco. Upon completion, this engineering marvel is expected to channel approximately 30 billion cubic feet of gas annually, marking a significant milestone in energy distribution across Africa and to European markets.

The project aligns with President Tinubu’s administration’s broader objectives, which prioritise gas as a critical alternative energy source and a vehicle for economic diversification. The Nigeria-Morocco Gas Pipeline exemplifies the administration’s commitment to sustainable energy development and creates regional integration and economic development across the continent.

This pipeline represents a forward-looking investment in the African energy landscape, promising to enhance energy security, support economic diversification efforts, and contribute to the socio-economic development of participating nations.