Nigeria-Morocco gas pipeline project nears completion

The Minister of State for Petroleum Resources Dr. Ibe Kachikwu has announced that the Phase 1 scope of the Front End Engineering and Design (FEED) of the Nigeria Morocco Gas Pipeline (NMGP) is expected to be completed by the end of the first quarter of 2019.

Kachikwu said that the NMGP designed to be 5,660km long, will reduce gas flaring in Nigeria and encourage diversification of energy resources in the country. Stating that gas will take the African continent to the next level.

“this pipeline will help in the industrialization of these countries. it will also meet the needs of consumers for heating and other uses. we see gas as a fuel to take africa to the next level. new gas discoveries have been recorded offshore senegal, mauritania, mozambique and are in various stages of development,” ibe kachikwu said this during the nigeria international petroleum summit (nips) holding in abuja,

Nigeria- Morocco gas pipeline project

The regional gas pipeline will enable Nigeria to provide gas to countries in West Africa sub-region that extend to Morocco and Europe. This was concluded after an agreement was reached by both African countries in June.

The feasibility study of the gas pipeline that will traverse at least 15 West African countries and connect the existing Europe gas pipeline has been concluded and the pre-FID (final investment decision) greenfield optimization study is currently ongoing.

The pre-FID (final investment decision) greenfield optimization study is currently ongoing, while the feasibility study of the gas pipeline that will traverse at least 15 West African countries and connect the existing Europe gas pipeline has been concluded. According to areport by Construction Review Online, FEED is the basic engineering which comes after the conceptual design or feasibility study.

Meanwhile, about $2 billion of resources is needed by African Petroleum Producers Organisation (APPO) to fund critical areas of infrastructural collaboration within Africa.

  • Get the scoops and market intelligence that can help
    you make better investment decisions right in your
    mailbox.

African Petroleum Producers Organization

African Petroleum Producers Organization is an organization of African countries producing petroleum. It was created on January 27, 1987, in Lagos, Nigeria, to serve as a platform for cooperation and harmonization of efforts, collaboration, sharing of knowledge and skills among African oil-producing countries. APPO made up of 18 member oil-producing countries, accounts for nearly 95% of Africa’s oil production and at least 13% of world production. The Organization changed its name from African Petroleum Producers Association to African Petroleum Producers Organization in 2017.

Source: Nairametrics

Share this...
Share:

Author: see naija

Leave a Reply

Your email address will not be published. Required fields are marked *