During a visit to Nigeria by Morocco’s King Mohammed VI, an agreement
was signed that has Morocco and Nigeria jointly developing a gas
pipeline. The two countries signed an agreement aimed at connecting
Nigeria and some other African countries to European gas markets.
Geoffrey
Onyema, Nigeria’s Minister of Foreign Affairs, said the pipeline
project would be designed with the participation of all stakeholders.
“In
this agreement both countries agreed to study and take concrete steps
toward the promotion of a regional gas pipeline project that will
connect Nigeria’s gas resources, those of several West African countries
and Morocco,”Onyema speaking to reporters.
Onyema said the
project aimed to create a competitive regional electricity market with
the potential to be connected to the European energy markets.No timeline
was given for when the pipeline construction work will start or how
much it will cost.
This is not the first scheme Nigeria has been
involved in aimed at transporting natural gas to European markets via a
pipeline. More than half-a-decade ago Nigeria, Niger, and Algeria
embarked on a project to take gas from Nigeria, through Niger to the
coast of Algeria; the Trans-Saharan Gas Pipeline or TSGP. The pipeline
was discussed for a number of years, but due to a myriad of reasons it
never got off the ground.
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