Business
How Nigeria Will Supply 3 Billion Cubic Feet of Gas Across 13 Countries
By Tolulope Oke
On Thursday, the Nigerian National Petroleum Company Limited (NNPC) and the Office National des Hydrocarbures et des Mines of Morocco signed a Memorandum of Understanding (MoU) to begin work on a 5,600-kilometer gas pipeline between Nigeria and Morocco.
The Eagle had reported that the Nigeria-Morocco Gas Pipeline (NMGP) will help more than 340 million people. According to Amina Benkhadra, director general of Morocco’s National Office of Hydrocarbons and Mines (ONHYM).
The project, she continued, intends to exploit sustainable energy, promote a competitive regional electricity market, and support the industrial and economic growth of every nation it passes through.
According to Benkhadra, this will be accomplished through developing a number of industries, including mining, industry, and exporting gas to Europe.
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Following the signing of the Memorandum of Understanding (MoU) between the two countries and the Economic Community of West African States in Rabat, Morocco, according to NNPC, the much-anticipated Nigeria-Morocco Gas Pipeline project officially got underway.
According to the statement, the two nations and ECOWAS carried out the MoU agreement on the project, which was an important step in achieving the Federal Government’s goal of utilizing Nigeria’s plentiful gas resources.
Once finished, the project will provide three billion standard cubic feet of gas per day along the West African coast from Nigeria to Morocco, via Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea Bissau, and Gambia.
Mele Kyari, the Group Chief Executive Officer of NNPC Ltd, signed the contract on behalf of Nigeria, while Dr. Amina Benkhadra, the Director-General of Morocco’s National Office for Hydrocarbons and Mines, did the same, Punch revealed.
Mr. Sediko Douka, the ECOWAS Commissioner for Infrastructure, Energy, and Digitalization, signed on behalf of the sub-regional group.
At the MoU ceremony, Kyari noted that the signing is a crucial turning point in the NMGP project, where all of the major players had come together to reconfirm their commitment to seeing the project through.