The Nigerian National Petroleum Company Limited (NNPCL), on behalf of the federal government has signed Memoranda of Understanding MoU with four African countries namely Cote d’Ivoire, Liberia, Benin Republic and Republic of Guinea on the Nigeria-Morocco Gas Pipeline Project (NMGP).
The NMGP is 5,600 kilometres long, traversing 13 African countries, including Nigeria, Benin, Togo, Ghana, Cote d’ lvoire, Liberia, Sierra Leone, Guinea, Guinea Bissau, Gambia, Senegal, and Mauritania.
The project is an initiative of the federal government and the Kingdom of Morocco and was conceived during the visit of King Mohammed VI of Morocco to Nigeria in December 2016.It is aimed at monetisation of Nigeria’s over 206 Trillion Cubic Feet (TCF) natural gas resources, thereby generating additional revenue for the country, diversifying the country’s gas export routes and eliminating gas flaring.
In addition, the about 7,000 kilometres line which will assist in supplying gas to Morocco, 13 other African countries and Europe, will originate from Brass Island (Nigeria) and terminate in North of Morocco, where it will be connected to the existing Maghreb European Pipeline MEP.
Apart fromNNPCL, which signed on behalf of Nigeria, other participating parties during the MoU signing yesterday included The Office National des Hydrocarbures et des Mines (ONHYM) of Morocco, the Société Nationale des Opérations Pétrolières of Cote d’Ivoire (PETROCI), the National Oil Company of Liberia (NOCAL), the Société Nationale des Hydrocarbures of Benin (SNH-Benin), and the Société Nationale des Pétroles of the Republic of Guinea (SONAP).
Speaking during the event which held at the headquarters of the Economic Community of West African States (ECOWAS) in Abuja, the Group Chief Executive Officer of the NNPCL, Mele Kyari, noted that the initial work for the project had reached advanced stage.Adding that the progress so far made was a clear demonstration of the commitment of the host governments, the ECOWAS Commission, and the National Oil Companies (NOCs) to deliver on the strategic project, as well as create wealth and value for participating countries.
“We are pleased to note that currently the Front End Engineering Design (FEED) phase II study is over 70 per cent and the tendering process for the Surveys, Environmental and Social Impact Assessment (ESIA), as well as Land Acquisition & Resettlement Policy Framework (LARPF) are on track with clear visibility into project funding,” he stated.
As a commercial enterprise, NNPC Ltd sees this project as an opportunity to monetise Nigeria’s abundant hydrocarbon resources, by expanding access to energy to support economic growth, industrialisation, and job creation across the African continent and beyond,” he added.
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