Progress Report On The Nigeria-Morocco Gas Pipeline

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🚨BOOM

PROGRESS REPORT ON THE NIGERIA-MOROCCO GAS PIPELINE :

●MD/CEO of NNPCL, Mr Mele Kyari says Final Investment Decision(FID) to be made by December.

●Discussions are progressing as Nigeria aims to establish gas pipelines traversing thirteen African nations and extending to Europe.

● ⁠The agreement to build the $25bn, 48” x 5,300Km pipeline from Nigeria to Dhakia (Morocco) was signed by the NNPCL in 2017.

●Project is expected to transport around 30billion cbf of gas annually when completed.

● Gas, as an alternative source of energy and a potent means of economic diversification, remains a priority for the President Tinubu-led administration.

●President Tinubu determined to complete project which started under Former President Muhammadu Buhari’s Administration.


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By Abia ThinkTank

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