- The countries signed four MoUs in June 2023 to ensure the strategic direction of the $25bn project.
- Upon completion, the project will enhance the monetisation of natural gas resources in the affected African countries.
The construction of the Nigeria-Morocco Gas Pipeline Project, which aims to link the European market, is expected to begin in 2024. The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, said this while receiving delegates from the Kingdom of Morocco led by its Ambassador to Nigeria, Moha Ou Ali Tagma, on Monday in Abuja.
The project aims to transport gas through the participating countries, including Nigeria, Benin, Togo, Ghana, Côte d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, The Gambia, Senegal, Mauritania, and Morocco. The envoys discussed finalising the Trans-Atlantic pipeline project and developing its fertiliser plant in Nigeria.
Upon completion, the project will enhance the monetisation of the affected African countries’ natural gas resources and offer a new alternative export route to Europe. Four Memoranda of Understanding were signed for the project in June 2023 to ensure progress and strategic direction of the 25-billion-dollar Trans-Atlantic project.