Nigeria Scouting International Investors to Participate in Nigeria-Morocco Gas Pipeline

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The ambitious pipeline project, which spans 5,660 kilometres, aims to deliver Nigerian gas through an undersea route along the West African coast to Morocco and eventually to European markets.

Nigeria’s government is actively courting international investors for the USSD 25 billion Nigeria-Morocco gas pipeline project, a key infrastructure initiative to supply natural gas to European markets.

According to Nigerian media, Vice President Kashim Shettima met with representatives from Vitol Group, the world’s largest independent energy trader based in Switzerland, at the Presidential Villa in Abuja on Monday. During the meeting, Shettima stressed President Bola Tinubu’s commitment to economic reforms aimed at making Nigeria an attractive investment destination in the energy sector.

The ambitious pipeline project, which spans 5,660 kilometres, aims to deliver Nigerian gas through an undersea route along the West African coast to Morocco and eventually to European markets.

 Shettima described Nigeria’s gas sector as a beacon of stability and transparency and noted the country possesses the eighth-largest gas reserves in the world. He urged Vitol to participate in Nigeria’s energy transition program and leverage its dominance in the Liquefied Natural Gas (LNG) and Associated Petroleum Gas (APG) sub-sectors.

The project has attracted major international interest. The United Arab Emirates (UAE), European Investment Bank, Islamic Development Bank, and OPEC Fund have agreed to contribute funding. China’s Jingye Steel Group has secured a contract to supply pipes for construction. The United States has also expressed interest in investing in the initiative, particularly given Nigeria’s vast gas reserves.

Morocco will host 1,672 kilometres of the pipeline, which will pass through Nigeria, Benin, Togo, Ghana, Ivory Coast, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal, and Mauritania before reaching Morocco.

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The North African country has already launched a tender to develop national natural gas infrastructure connecting Nador port to Kenitra and Mohammedia, extending to Dakhla to link with the Africa-Atlantic Gas Pipeline.