$25 Billion Nigeria-Morocco Gas Project Company Officially Established The Nigeria-Morocco Gas Pipeline project, estimated to cost $25 billion, is progressing rapidly with the establishment of a dedicated project company and the expansion of its international financial support. This ambitious pipeline is designed to extend nearly 6,000 kilometres across West Africa. Its primary goal is to enhance regional energy access by providing a secure route for Nigerian gas to reach Europe. The pipeline is expected to transport between 15 and 30 billion cubic meters of gas per year, serving 13 coastal states in West Africa and reaching approximately 400 million people. Additionally, domestic connections will link landlocked countries such as Niger, Burkina Faso, and Mali to the main pipeline, which will eventually connect to the existing Maghreb-Europe Pipeline, facilitating Nigerian gas access to the European market. On the financing front, Energy Minister Leïla Benali announced the participation of the United Arab Emirates, joining a consortium of major institutions, including the European Investment Bank, the Islamic Development Bank, and the OPEC Fund. “The project company currently being formed will be responsible for mobilising these funds, with a final investment decision expected by the end of 2025,” the statement concluded.

$25 Billion Nigeria-Morocco Gas Project Company Officially Established The Nigeria-Morocco Gas Pipeline project, estimated to cost $25 billion, is progressing rapidly with the establishment of a dedicated project company and the expansion of its international financial support. This ambitious pipeline is designed to extend nearly 6,000 kilometres across West Africa. Its primary goal is to enhance regional energy access by providing a secure route for Nigerian gas to reach Europe. The pipeline is expected to transport between 15 and 30 billion cubic meters of gas per year, serving 13 coastal states in West Africa and reaching approximately 400 million people. Additionally, domestic connections will link landlocked countries such as Niger, Burkina Faso, and Mali to the main pipeline, which will eventually connect to the existing Maghreb-Europe Pipeline, facilitating Nigerian gas access to the European market. On the financing front, Energy Minister Leïla Benali announced the participation of the United Arab Emirates, joining a consortium of major institutions, including the European Investment Bank, the Islamic Development Bank, and the OPEC Fund. “The project company currently being formed will be responsible for mobilising these funds, with a final investment decision expected by the end of 2025,” the statement concluded.