The African-Atlantic gas pipeline achieves new progress.. The Cediao countries officially join the Nigeria-Morocco project

Freetown –Member States signedEconomic Community of West African States(CEDIAU), today, Sunday, in Freetown, Sierra Leone, the intergovernmental agreement framework for the development ofAfrica-Atlantic Gas Pipeline Project Nigeria-MoroccoIn a new step that enhances the implementation process of one of the largest energy infrastructure projects on the African continent.

The signing took place on the sidelines ofCediao Summit of Heads of State and GovernmentTo dedicate the official accession of the countries of the group to the strategic project launched byHis Majesty King Mohammed VI, may God grant him victory,The late Nigerian PresidentMuhammadu BuhariNigerian President Bola Ahmed Tinubu continues to support it, under the supervision of the National Office of Hydrocarbons and Minerals (ONHYM) and the Nigerian National Petroleum Corporation (NNPC Ltd).

This agreement represents a pivotal stage before moving on to the practical steps of the project, which includeEstablishment of the project company in Casablanca,And the establishment of the Supreme AuthorityFor the Abuja gas pipeline, in preparation for mobilizing investors and making the final investment decision.

This will be done at a later stage Signing of the agreement by Morocco and Mauritania As they are not members of CEDIAO, during an official ceremony in the presence of the President of the Federal Republic of Nigeria.The Africa-Atlantic gas pipeline extends overAbout 6,800 kilometers, crossing 13 African countries

Overlooking the Atlantic Ocean, before being connected to a tubeMaghreb-European gas in northern Morocco, transfer card up to30 billion cubic meters of natural gas annuallyPart of it is allocated to regional markets, while about 15 billion cubic meters are directed to Morocco and Europe.The volume of investment in the project is estimated at approximately $25 billion, and it aims to enhance energy security, support electricity production, encourage industrialization, and create an integrated regional market for natural gas in West Africa, with the first phase expected to begin operating early next decade.The National Hydrocarbons and Minerals Office and the Nigerian National Petroleum Corporation confirmed that the basic technical, engineering and environmental studies for the project have been completed, allowing the gradual transition to the operational development phase after the completion of official signatures.

The project is one of the most prominent strategic initiatives to enhance economic and energy integration in Africa, and it also reflects the growing regional cooperation in the field of major infrastructure.

Source:

“My press”

المصدر : “صحافة بلادي”

🇲🇦عربي🇫🇷FR🇬🇧EN