At a ceremony chaired by his Majesty the King Mohammed VI on Monday, Morocco and Nigeria signed agreements on the West African Gazoduc gas project and cooperation in the field of fertilizers.
In concrete terms, the agreement foresees the launching of the feasibility study of the project, a key step that will determine all the contours linked to its realization. The first information published on this agreement underlines that this phase could last one year, and will be conducted under the supervision of a steering committee managed by the two signatory public companies, which are the ONHYM and the NNPC (Nigerian National Petroleum Corporation).
Once this step has been completed, another project design and engineering phase should be initiated for an additional nine months. In other words, it is towards the end of 2018 that the construction project should start. This leaves time for the various stakeholders to mobilize the necessary funding for its implementation.
The 5,000 kilometer-long Gazoduc pipeline is the extension of the West African Gas Pipeline, which connects Nigeria to Ghana, Benin and Togo since 2010. It should now go along the West African coast until Morocco and likely be linked to the European market ,and thereby strengthen the development of the energy sector throughout the region.
The project aims to link the gas resources of Nigeria with those of several countries of West Africa and Morocco. Its aim will be to accelerate electrification projects throughout the region. At the same time, it will serve as a basis for the creation of a competitive regional electricity market.
19 May 2017