To further regional integration across West Africa, NNPC Ltd of Nigeria and ONHYM of Morocco continue to make progress on the future 5,600km pipeline that will carry natural gas from Nigeria’s Niger Delta to Morocco and Europe, passing through 13 African countries along the Atlantic coast. It was announced in 2016 and is expected to cost $25bn. It will have a capacity of 10 billion cubic metres a year and could cost as much as $25bn.
The project aims to enhance energy security and integration in Africa, as well as create economic opportunities and jobs along the pipeline route. Partners have registered progress in terms of feasibility studies, agreements and consultations but 2024 will tell if investors backing is following suit. In January, the governments of Nigeria and Morocco held discussions as part of efforts to fast-track the process of achieving a Final Investment Decision (FID).