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Thursday, April 18, 2024

NNPC seals gas pipeline project agreement with Morocco, ECOWAS

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The Nigerian National Petroleum Company (NNPC) Ltd will, on Thursday, seal a Memorandum of Understanding (MoU) on gas pipeline project with the National Office of Hydrocarbons and Mines of Morocco and the ECOWAS Commission. The MoU is expected to drive the execution of the 7,000km Nigeria-Morocco gas pipeline project.

In preparation of the signing of the agreement scheduled to hold in Rabat, Morocco, the Group Chief Executive Officer of NNPC Ltd, Mele Kyari, paid a courtesy visit to the President of the ECOWAS Commission, Dr. Omar Alieu Touray.

During the meeting, NNPC and the ECOWAS Commission reaffirmed their commitment on the project to provide gas to the West African countries through the Kingdom of Morocco and subsequently Europe.

NNPC and ONHYM will also sign two MoUs with SMH of Mauritania and Petrosen of Senegal to participate in the project.

A statement by NNPC Ltd said once completed, the project will supply about three billion standard cubit feet of gas along the coast of West Africa from Nigeria, Benin, Togo, Ghana, Cote d’ Ivoire, Liberia, Sierra Leone, Guinea, Guinea Bissau, Gambia, Senegal, Mauritania to Morocco.

Other benefits include improvement of living standards of people, integration of the economies within the sub-region, and mitigating against desertification through sustainable and reliable gas supply.

The Nigeria-Morocco Gas Pipeline (NMGP) Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco and was conceived during the visit of King Mohammed VI of Morocco to Nigeria in December 2016.

The NMGP Project is aimed at monetisation of Nigeria’s abundant natural gas resources, thereby generating additional revenue for the Country, diversification of Nigeria’s gas export routes, elimination of gas flaring.

It will assist in supplying gas to Morocco, 13 ECOWAS countries and Europe, integration of the economies of the sub-region, improvement of living standards of people within the Sub-region, creation of wealth and poverty alleviation, assisting in the fight against the desertification through sustainable and reliable gas supply as well as providing avenue for other countries along the pipeline route to develop and export their gas.

The pipeline is a 48-inch X 5,300km (Offshore from Brass Island-Nigeria to Dakhla-Morocco) and 56” X 1,700km (onshore from Dakhla-Morocco to MEP), with a total length of about over 7,000km and about 13 Compressor Stations.

The pipeline will originate from Brass Island (Nigeria) and terminates at North of Morocco, where it will be connected to the existing Maghreb European Pipeline (MEP) that originates from Algeria (via Morocco) to Spain.

source: The Guardian

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